Regulatory Alerts2023-04-17
Added · Updated
Amendments to the Companies (Registration Offices) Regulations, 2018
The Securities and Exchange Commission of Pakistan substitutes the table in Annexure D of the Companies (Registration Offices) Regulations, 2018, to establish specific time frames for the disposal of various corporate matters. The new regulations mandate that electronic submissions for services such as name reservation, company incorporation, and status conversions be processed within 4 working hours, while physical form submissions generally require 4 working hours to 6 days depending on the specific application. These deadlines apply to entities seeking actions including the issuance of certificates for changes in company status, registration of mortgages, and applications for inactive or active company status under the Companies Act, 2017.