Unlisted Companies: Section 34 of Companies Act, 2017 "Discretion of SECP"
Reform ID		F460
Description		Earlier, SECP had discretion regarding the interests of members, a class of members, and creditors, and could issue directions accordingly. 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