Unlisted Companies: Section 33 of Companies Act, 2017 "Order by SECP on alteration"
Reform IDF459
DescriptionEarlier, SECP could allow alterations to the memorandum on terms and conditions it deemed fit. This entire section has now been eliminated 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