Islamabad, March 13, 2013 (PPI-OT): The policy of obtaining a prior security clearance for the companies seeking incorporation with foreign investment in Pakistan or foreigners intending to invest in local companies has been relaxed by the Interior Ministry. The ministry has made the relaxations on the recommendations of the Securities and Exchange Commission of Pakistan […]
Securities and Exchange Commission of Pakistan amends first schedule to Companies Ordinance 1984
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Islamabad, March 13, 2013 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) with the aim of facilitating corporate sector has made certain amendments to the First Schedule to the 1984 Companies Ordinance, containing articles of association of companies vide its SRO 194(I)/2013. The amendments broadly relate to the areas of alternative dispute resolution (ADR) […]
AsiaNet Pakistan 2013-03-13 17:01:15
Web Desk No Comment General
Security clearance procedure relaxed for foreign investors Islamabad, March 13, 2013 (PPI-OT): The policy of obtaining a prior security clearance for the companies seeking incorporation with foreign investment in Pakistan or foreigners intending to invest in local companies has been relaxed by the Interior Ministry. The ministry has made the relaxations on the recommendations of […]
Securities and Exchange Commission of Pakistan launches a nationwide Investor Education Program
Web Desk No Comment General, Miscellaneous
Karachi, July 13, 2012 (PPI-OT): The Securities and Exchange Commission Pakistan in collaboration with key capital market stakeholders; the Karachi Stock Exchange, Lahore Stock Exchange, Islamabad Stock Exchange, Pakistan Mercantile […]
Securities and Exchange Commission of Pakistan launches new takaful rules
Web Desk No Comment General, Miscellaneous
Karachi, July 13, 2012 (PPI-OT): Takaful, the Islamic alternative of insurance, is a scheme based on the principles of mutual assistance in compliance with the provisions of Islamic shariah, and […]
Fast Track Registration gets healthy response
Web Desk No Comment Miscellaneous
Islamabad: The SECP has received a healthy response to Fast Track Registration Services (FTRS), which has been introduced to facilitate prospective promoters, corporate consultants and management of the companies with […]
Securities and Exchange Commission of Pakistan takes action against directors and auditors of companies
Web Desk No Comment Government & Politics
Islamabad: As a part of its mandate to monitor the listed and unlisted companies to safeguard the investors’ interest, the Enforcement Department of the SECP has penalized a number of […]
Micro insurance a must for poverty alleviation
Web Desk No Comment Government & Politics
Karachi: It is a recognized fact that without servicing the insurance requirements of low-income people, the risks to economic development are not safeguarded. This has also been proved by the […]
Securities and Exchange Commission of Pakistan to finalize revisions to Companies Regulations soon
Web Desk No Comment Government & Politics
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) held second roundtable meeting with external stakeholders in Lahore to finalize the revised draft of the Companies (Investment in Associated Companies […]
Securities and Exchange Commission of Pakistan discourages wasteful expenditure on board meetings abroad
Web Desk No Comment Government & Politics
Islamabad: In recent past it was observed that meetings of boards of directors of listed companies were being extensively held abroad, even at places that were unrelated to concerned companies’ […]