Rule · SECP · 10 Nov 2009

Right Issue Once Announced Shall not be Varied, Postponed, Withdrawn or Cancelled

The Securities and Exchange Commission of Pakistan directs all listed companies that a right issue once announced by their board of directors shall not be varied, postponed, withdrawn, or cancelled. This directive is issued under the powers conferred by section 506B of the Companies Ordinance, 1984.

PakistanSecurities and Exchange Commission of Pakistan

Statutory Notifications (S.R.O)
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN Islamabad, November 10, 2009 NOTIFICATION S.R.O. 975(I)/2009.- In exercise of the powers conferred by section 506B of the Companies Ordinance, 1984 (XLVII of 1984), the Securities and Exchange Commission of Pakistan is pleased to direct all the listed companies that right issue once announced by their board of directors shall not be varied, postponed, withdrawn or cancelled. [F.No. EMD/D-III/Misc-1/2008]

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Annotations and obligations

1 obligation

Obligation 1
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Issued under

The Companies Ordinance, 1984 (Ordinance No. XLVII of 1984)1984 · PK-LAW
“In exercise of the powers conferred by section 506B of the Companies Ordinance, 1984 (XLVII of 1984)”