Unlisted Companies, Section 49 of Companies Act, 2017 "Change of company limited by guarantee to company limited by shares"
Reform IDF494
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