RegAlert

Rule · SECP · 19 Dec 2019

S.R.O. 1566 (I)/2019 Minimum Amount of Paid up Capital

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The Securities and Exchange Commission of Pakistan specifies that the minimum amount of paid up capital required for the incorporation of a corporate restructuring company is Rs. 500 million. This requirement is established under section 17 of the Corporate Restructuring Companies Act, 2016, and rule 3 of the Corporate Restructuring Companies Rules, 2019, following consultation with the State Bank of Pakistan and approval by the Ministry of Finance.

PakistanSecurities and Exchange Commission of Pakistan

GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.-.- Islamabad, the 18 th December, 2019 CIRCULAR S.R.O. 1566 (I)/2019.- In exercise of the powers conferred by section 17 of the Corporate Restructuring Companies Act, 2016 (XXXII of 2016), read with clause (c) of sub-rule (1) of rule 3 of the Corporate Restructuring Companies Rules, 2019, the Securities and Exchange Commission of Pakistan, in consultation with State Bank of Pakistan and after approval of Ministry of Finance, is pleased to specify that the minimum amount of paid up capital for incorporation of a corporate restructuring company is Rs. 500 million (five hundred million rupees). _____________________________________________________________________________ [File No.: SC/NBFC-1-195/PCRC/2019]

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Corporate Restructuring CompaniesRules, 20192019 · SECPCorporate Restructuring Companies Rules, 2019 (2019-11-04)Corporate Restructuring CompaniesAct, 2016 (XXXII of 2016)Not in RegAlertCorporate Restructuring Companies Act, 2016 (XXXII of 2016) — Not in RegAlertS.R.O. 1566 (I)/2019 MinimumAmount of Paid up Capital2019-12-19 · this documentS.R.O. 1566 (I)/2019 Minimum Amount of Paid up Capital (2019-12-19)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (2)
Issued under
  • Corporate Restructuring Companies Rules, 20192019 · SECP

    “read with clause (c) of sub-rule (1) of rule 3 of the Corporate Restructuring Companies Rules, 2019”

  • Corporate Restructuring Companies Act, 2016 (XXXII of 2016)Not in RegAlert

    “In exercise of the powers conferred by section 17 of the Corporate Restructuring Companies Act, 2016 (XXXII of 2016)”

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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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