Tuesday 16 May 2017

Pakistan: Senate passes the Companies Bill, 2017

The SECP has announced that Senate has approved the Companies Bill, 2017: see here (pdf). This follows approval from the Senate Standing Committee on Finance, Revenue, Economic Affairs, Statistics and Privatization earlier this month and approval from the National Assembly in February. The Bill, once enacted and in force, will replace the Companies Ordinance, 1984.

Update (1 June 2017) - the Bill has become law: see here.

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