Unlisted Companies: Section 142 of Companies Act, 2017 "Declaration by chair"
Reform ID		F472
Description		Earlier, a declaration by the chair that a resolution was passed or not served as conclusive evidence. This section has now been removed for unlisted companies, leaving the matter 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