Unlisted Companies: Section 120 of Companies Act, 2017 "Index of members"
Reform IDF467
DescriptionEarlier, a company with more than 50 members was required to maintain an index of all members. This section has now been removed for unlisted companies, as it is no longer necessary with an electronic database in place.
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