Friday 5 May 2017

Pakistan: Companies Bill, 2017 approved by Senate Standing Committee

The Senate Standing Committee on Finance, Revenue, Economic Affairs, Statistics and Privatization has approved, with changes, the Companies Bill, 2017. The Bill, which was passed by the National Assembly in February, now requires Senate approval. Further information is available in an announcement from the SECP: see here (pdf). 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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