2016-01-22
Added · Updated
These Regulations mandate listed companies to enable members to exercise voting rights through electronic means managed by authorized intermediaries. Eligible intermediaries must meet specific security, accreditation, and operational requirements, with a cap of serving no more than 100 companies simultaneously. Companies are required to arrange e-voting if demanded by at least five members or those holding not less than one-tenth of the voting power, with members needing to submit their intent at least ten days prior to the meeting. Non-compliance with these regulations is punishable by a fine extending to five hundred thousand rupees.
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Islamabad, the 22nd January, 2016
S.R.O 43 (I)/2016.— In exercise of the powers conferred under section 506A of the Companies Ordinance, 1984 read with clause (ii) of sub-section (1) of Section 40 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997) thereof and having been previously published in the official Gazette vide S.R.O. 482(I)/2014, dated June 4, 2014 the Securities and Exchange Commission of Pakistan hereby makes the following Regulations, namely:
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Amended 3 times · last 2025-04-22
Source: Securities and Exchange Commission of Pakistan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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SECP published 3 documents in the last 30 days. We email you each new one the day it's published.