Unlisted Companies: Section 31 of Companies Act, 2017 "Memorandum to be signed, printed and dated"
Reform IDF457
DescriptionEarlier, memorandums were required to be printed, with numbered paragraphs, and signed by each subscriber along with full particulars. Now, the requirement for a memorandum of association has been removed for unlisted companies.
DepartmentSecurities and Exchange Commission of Pakistan (SECP)
Jurisdiction / LocationFederal - Entire Pakistan
SectorAll Sectors
Start Date
Target Deadline
Date Enacted
Implementation StatusIn Progress
Progress 25%
CCORR DirectionEliminate
Cost Savings PKR (Mil.)
Evidence