Unlisted Companies: Section 145 of Companies Act, 2017 "Time of taking poll"
Reform IDF475
DescriptionEarlier, a poll on the election of the chair or adjournment had to be taken immediately, while polls on other matters could be taken within 14 days, with the result deemed the decision of the meeting. This section has now been removed for unlisted companies, leaving the matter to the articles of association.
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