Unlisted Companies: Section 131 of Companies Act, 2017 "Statutory meeting"
Reform ID		F469
Description		Earlier, a public company with share capital was required to hold a statutory meeting within 180 days, unless the annual general meeting was held earlier, and present a statutory report with important information to shareholders. This section has now been eliminated for unlisted companies, with the decision to call the meeting left to the articles of association
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