GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.-.
Islamabad, the 4 th July, 2022

NOTIFICATION

S.R.O.980 (I)/2022. - In exercise of the powers conferred under sub-section (2) of section 507 read with section 469 of the Companies Act, 2017 (XIX of 2017), the Securities and Exchange Commission Pakistan is pleased to make the following alterations in the Seventh Schedule to the Companies Act, 2017 (XIX of 2017), namely: -

AMENDMENTS

In the aforesaid Seventh Schedule, -

1. in Item No. I, -

(a) after sub-item (7), the following new sub-item shall be inserted, namely: - “

(7A) For filing, registering or recording any document notifying particulars relating to a scheme of amalgamation and allied documents prescribed under section 284, the following fee to be determined in accordance with the classification of the transferee company given in the Third Schedule to this Act namely:-
Small Sized Company	100,000	200,000
Public Sector Company, as defined in the Act, directly or indirectly wholly owned by Federal Government	50,000	100,000
Any other Public Sector Company	100,000	200,000
Medium Sized Company	250,000	500,000
Large Sized Company	350,000	700,000
Public Interest Company, excluding Public Sector Company	500,000	1,000,000

”;

(b) in sub-item (8), for the expression “and (7)”, the expression “(7) and (7A)” shall be inserted;

2. in Item No. II, -

(a) after sub-item (6), the following new sub-item shall be inserted, namely: - “

(6A) For filing, registering or recording any document notifying particulars relating to a scheme of amalgamation and allied documents prescribed under section 284, the following fee to be determined according to the classification of the transferee company, given in the Third Schedule, namely:-
Public Sector Company, as defined in the Act, directly or indirectly wholly owned by Federal Government	50,000	100,000
Any other Public Sector Company	100,000	200,000
Medium Sized Company	250,000	500,000
Large Sized Company	350,000	700,000
Public Interest Company, excluding Public Sector Company	500,000	1,000,000

”;

(b) in sub-item (7), for the expression “and (6)”, the expression “(6) and (6A)” shall be substituted;

3. in Item No. III, -

(a) after sub-item (6), the following new sub-item shall be inserted, namely: -

“

(6A) For filing, registering or recording any document notifying particulars relating to a scheme of amalgamation and allied documents prescribed under section 284, the following fee to be determined according to the classification of the transferee company, given in the Third Schedule, namely: -
Public Sector Company, as defined in the Act, directly or indirectly wholly owned by Federal Government	50,000	100,000
Any other Public Sector Company	100,000	200,000
Medium Sized Company	250,000	500,000
Large Sized Company	350,000	700,000
Public Interest Company, excluding Public Sector Company	500,000	1,000,000

”;

(b) in sub-item (7), for the expression “and (6)”, the expression “(6) and (6A)” shall be substituted; and

4. In Item No. X, -

(a) for sub-item (22), the following shall be substituted, namely:-

“

(22) sanctioning compromise or arrangement including reconstruction, amalgamation or division under section 279 to 282, the following fee to be determined according to the classification of the transferee company, given in the Third Schedule, namely:-
Small Sized Company	250,000	500,000
Public Sector Company, as defined in the Act, directly or indirectly wholly owned by Federal Government	200,000	400,000

”.

[File No. SY/SECP/8/13]

( Bilal Rasul )
Secretary to the Commission