Unlisted Companies: Section 48 of Companies Act, 2017 "unlimited company to limited company"
Reform IDF493
DescriptionIt was proposed to remove regulatory paperwork requirement for unlisted companies to shift between company types as long as articles of association are suitability amended.
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 DirectionSimplify
Cost Savings PKR (Mil.)
Evidence