Unlisted Companies: Section 123 of Companies Act, 2017 "Index of debenture holders"
Reform IDF468
DescriptionEarlier, a company with over 50 debenture holders was required to maintain an index. 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