RegAlert2018-01-26
Added · Updated
Companies (Registration Offices) Regulations, 2018
The Securities and Exchange Commission of Pakistan establishes Company Registration Offices in nine specific locations with defined territorial jurisdictions and mandates the creation of facilitation centres. The regulations require the assignment of a Corporate Unique Identification Number (CUIN) to all incorporated companies and foreign companies with a place of business in Pakistan, replacing previous registration numbers. Registrars are obligated to maintain electronic databases for company registers and mortgages, process physical documents within specified timeframes, and issue certificates in standardized formats. The rules further govern the inspection of records, issuance of certified copies with liability disclaimers, and procedures for handling defective or late-filed documents.
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GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.- Islamabad, the 25th January, 2018 NOTIFICATION S.R.O. 76 (I)/2018- In exercise of the powers conferred by section 512 read with subsection (2) of section 462 of the Companies Act, 2017 (XIX of 2017), the Securities and Exchange Commission of Pakistan is pleased to make the following regulations, the same having been previously published vide S.R.O. 1289(I)/2017 dated 26th December, 2017 as required by proviso to sub-section (1) of section 512, namely:-
CHAPTER I
PRELIMINARY
- Short title and commencement.- (1) These regulations may be called the Companies
(Registration Offices) Regulations, 2018.
(2) They shall come into force at once. - Definitions.- (1) In these regulations, unless there is anything repugnant in the subject
or context,-
(a) “Act” means the Companies Act, 2017 (XIX of 2017); (b) "Annexure" means an annexure attached to these regulations; (c) "Company Registration Office" means an office established by the Commission under sub-section (1) of section 462 of the Act; (d) "CUIN" stands for corporate unique identification number which is a sequential computer generated registration number assigned to every company including foreign company and covers corporate universal identification number assigned to the companies before the issuance of these regulations; (e) "electronic database" means the system for maintaining a database electronically in respect of all the record of companies and includes the Corporate Registration System, Corporate Compliance and Facilitation System and Diary System; (f) "registrar concerned" means a registrar, who is incharge of a Company Registration Office in whose territorial jurisdiction the registered office of the company is situated; (g) "Registrar of Companies" means the Registrar of Companies designated as such by the Commission and posted at head office of the Commission and who is head of the organization for the registration of companies in Pakistan and performing other work under the Act; (h) "Schedule" means a Schedule to the Act; (i) “seal” means the seal of the company registration office having the name of company registration office engraved on it; and
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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.