Rule · SECP · 19 Jul 2005
The Securities and Exchange Commission of Pakistan grants listed companies and their subsidiaries an exemption from the application of clause 6 of Part I of the Fourth Schedule to the Companies Ordinance, 1984. This exemption extends until 31st December, 2005, continuing the provision established by earlier notification No. S.R.O.915(I)/2004 dated 12th November, 2004. The authority exercises powers conferred by sub-section (5) of section 234 of the Companies Ordinance, 1984, and clause (c) of section 43 of the Securities and Exchange Commission of Pakistan Act, 1997.
Statutory Notification
19.7.05
PART II
Statutory Notifications (S.R.O)
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN NOTIFICATION Islamabad, the 19 th July, 2005 S.R.O 721 (1)/2005.- In exercise of the powers conferred by sub-section (5) of section 234 of the Companies Ordinance, 1984 (XLVII of 1984), read with 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, in continuation of its earlier notification No.S.R.O.915(I)/2004 dated 12 th November, 2004, is pleased to grant further exemption from application of clause 6 of Part I of the Fourth Schedule to the said Ordinance till 31 st December, 2005, to listed companies and their subsidiaries. [No. 7(5) PSPD/PS/2004] Mohammad Hayat Jasra Secretary
Statutory Notification
19.7.05
SECURITIES & EXCHANGE COMMISSION OF PAKISTAN NIC Building, Jinnah Avenue No. 7(5)/PSPD/PS/2005- July 19, 2005 Sub: Exemption form application of clause 6 of Part I of the Fourth
Schedule to the Companies Ordinance to listed companies and
their subsidiaries till 31 st December, 2005 The undersigned is directed to forward herewith an S.R.O. notification regarding the subject and to request that this may please be published in Part-II of the Gazette of Pakistan. Extraordinary and 100 copies of notification be supplied to the undersigned on printing. Payment will be made on receipt of bill. (Mohammad Hayat Jasra) Secretary Encl: As above. The Manager, Printing Corporation Of Pakistan Press, Islamabad.
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“read with 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 sub-section (5) of section 234 of the Companies Ordinance, 1984 (XLVII of 1984)”
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