Rule · SECP · 9 Dec 2003
The Securities and Exchange Commission of Pakistan amends the Sixth Schedule to the Companies Ordinance, 1984, to establish registration fees based on nominal share capital. Companies with nominal share capital not exceeding 100,000 rupees pay a fee of 2,500 rupees, while those exceeding this amount pay 2,500 rupees plus additional fees of 500 rupees per 100,000 rupees up to 5,000,000 rupees, and 250 rupees per 100,000 rupees thereafter. The total registration fee is capped at ten million rupees.
Notification No. S.R.O. 1095(I)/2003 PUBLISHED BY AUTHORITY Islamabad, the December 09, 2003 Notification SRO. 1095 (I)/ 2003. In exercise of the powers conferred by section 505 of the Companies Ordinance, 1984 (XLVII of 1984), and clause (c) of section 43 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997), the Securities and Exchange Commission of Pakistan is pleased to direct that the following amendment shall be made in the Sixth Schedule to the said Ordinance, namely:- “(1) For registration of a company whose nominal share capital does not exceed 100,000 rupees, a fee of .. .. .. Rs. 2,500 (2) For registration of a company whose nominal share capital exceeds 100,000 rupees, a fee of two thousand five hundred rupees, along with an additional fee to be determined according to the amount of nominal share capital as follows, namely:- (i) For every 100,000 rupees of nominal share capital or part of 100,000 rupees, after the first 100,000 rupees, up to 5,000,000 rupees, a fee of .. 500 (ii) For every 100,000 rupees of nominal share capital or part of 100,000 rupees,
after the first 5,000,000 rupees, a fee of .. .. ..
250
Provided that for registration of a company the total amount of fee to be paid shall not exceed ten million rupees. ”
(Mohammed Hayat Jasra)
Executive Director (Company Law)
[F.No.470 (1) RCP/90]
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“and clause (c) of section 43 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997)”
“In exercise of the powers conferred by section 505 of the Companies Ordinance, 1984 (XLVII of 1984)”
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