RegAlertRule · SECP · 22 Feb 2013
S.R.O. 130(I)2013 regarding raising of demand for recovery of gain by listed companies under Section 224(2) of the Companies Ordinance, 1984
Every listed company must provide a copy of any demand raised under section 224(2) of the Companies Ordinance, 1984, for the recovery of gains made in violation of section 224(1) to the Securities and Exchange Commission of Pakistan simultaneously. This requirement applies when such demands are raised in exercise of powers conferred under section 246(1) of the same Ordinance.
REGISTERED No. M - 302
L.-7646
The Gazette of Pakistan
EXTRAORDINARY
PUBLISHED BY AUTHORITY
ISLAMABAD, FRIDAY, FEBRUARY 22, 2013
PART II
Statutory Notifications (S. R. O.)
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN
NOTIFICATION
Islamabad, the 22nd February, 2013
S. R. O. 130 (I)/2013.—In exercise of the powers conferred under section 246(1) of the Companies Ordinance, 1984 (XLVII of 1984), the Securities and Exchange Commission of Pakistan is pleased to direct that every listed company shall, in the case where it raises a demand in terms of section 224(2) of the Companies Ordinance, 1984 (XLVII of 1984) for recovery gain made in violation of section 224(1) of the Companies Ordinance, 1984 (XLVII of 1984), provide a copy of such demand to the Commission simultaneously.
[No. SMD/BO/1(2)2001.]
BUSHRA ASLAM,
Secretary.
(479)
PRINTED BY THE MANAGER, PRINTING CORPORATION OF PAKISTAN PRESS, ISLAMABAD. PUBLISHED BY THE DEPUTY CONTROLLER, STATIONERY AND FORMS, UNIVERSITY ROAD, KARACHI.
[204(2013)/Ex. Gaz.] Price: Rs. 2.00
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
- Obligation 1
- background, boilerplate
Lineage: No known changes
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
The links and the sentences they come from (1)
- Issued under
“In exercise of the powers conferred under section 246(1) of the Companies Ordinance, 1984 (XLVII of 1984)”
More like this from SECP
SECP published 4 documents in the last 30 days. We email you each new one the day it's published.
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
In RegAlert: added