Unlisted Companies: Section 50 of Companies Act, 2017 "Certification of change"
Reform IDF463
DescriptionEarlier, after registration of amended memorandum and articles of association due to a change in company type, SECP issued a certificate confirming the change. 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