RegAlert2025-04-03
Added · Updated
S.R.O. 459 of 2025 – Amendments to the Companies Regulations 2024
The Securities & Exchange Commission of Pakistan amends the Companies Regulations, 2024, to update statutory forms and definitions for company registration and compliance. Key changes include substituting references to the Companies (General Provisions and Forms) Regulations, 2018, and introducing the Foreign Companies Regulations, 2018, into the regulatory framework. The amendments modify Form-A and Form-1 to require additional data such as annual turnover, employee numbers, and specific mobile contact details for directors, while updating identification requirements to include NICOP and passport numbers. Furthermore, the document revises various forms to standardize terminology, such as replacing 'Cell' with 'Mobile' and 'Registration Number' with 'Corporate Unique Identification Number', and introduces new fields for beneficial ownership and share class details.
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PART II
Statutory Notification (S. R. O.)
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN Islamabad, 26th March, 2025 NOTIFICATION S.R.O. 459/2025.- In exercise of the powers conferred under sub-section (1) of section 512 of the Companies Act, 2017 (XIX of 2017), the Securities & Exchange Commission of Pakistan hereby makes the following amendments to the Companies Regulations, 2024, the same having been previously published in the official gazette, vide S.R.O 356(I)/2025 dated March 12, 2025, namely:- AMENDMENTS In the aforesaid regulations, -
- in Regulation 1, for sub-regulation-2, following shall be substituted:
“(2) These regulations shall come into force at once except the following regulations which shall come into force on such date as the Commission may, by notification in the official Gazette, appoint, and different dates may be so appointed for different regulations:
- Chapter-V (Reporting & Compliance): App-4 of Regulation 30(1) and Regulation
79 to the extent of its applicability under section 426 of the Act; - Chapter-XII (Easy Exit of a defunct Company): Regulations 144 to 146.”
- in Regulation 148,
i. in sub-regulation 1,
(a) for clause (ii) the following shall be substituted, “(ii) The Companies (General Provisions and Forms) Regulations, 2018”; (b) for clause (iii) shall be substituted with the following:
“(iii) The Companies (Registration Offices) Regulations, 2018 except Regulation-13 of Chapter III to the extent of section 426 of the Act”;
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Lineage: Amended
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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