Unlisted Companies: Section 83 of Companies Act, 2017 "Further issue of capital"
Reform ID		F496
Description		Company may increase share capital in accordance with the procedure laid down in the provision, however, it required an additional approval of SECP after the directors decision. It was proposed that such approval requirement be removed.
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		Simplify
Cost Savings PKR (Mil.)
Evidence