Unlisted Companies: Section 20 of Companies Act, 2017 "penalty for non-compliance with Section 19"
Reform ID		F452
Description		Earlier, non-compliance with Section 19 attracted a Level 2 penalty for all persons responsible. This entire section has now been eliminated for unlisted companies.
Department		Securities and Exchange Commission of Pakistan (SECP)
Jurisdiction / Location		Federal - Entire Pakistan
Sector		All Sectors
Start Date
Target Deadline
Date Enacted
Implementation Status		In Progress
Progress		25%
CCORR Direction		Eliminate
Cost Savings PKR (Mil.)
Evidence