Regulatory Alerts2025-04-22
Added · Updated
Companies (Postal Ballot) Regulations, 2018
The Securities and Exchange Commission of Pakistan mandates that listed companies provide electronic voting and postal ballot options for special business and director elections where candidate numbers exceed director quotas. Companies must appoint eligible e-voting service providers with specific cybersecurity certifications and ensure voting facilities remain open for at least three days. The regulations require the appointment of a scrutinizer to validate voting processes and results, with contraventions subject to penalties under the Companies Act, 2017.
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