GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.- Islamabad, the 11th July, 2019

NOTIFICATION

S.R.O. 812 (I)/2019.- In exercise of the powers conferred under sub-section (2) of section 507 of the Companies Act, 2017 (XIX of 2017) read with Policy Board directive S.R.O.756(I)/2019 dated 9 th July, 2019, 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:-

In the aforesaid Seventh Schedule*,-

1. in item No. III, in sub-item (1), the words “or its renewal” shall be omitted;

2. in item No. IV, for sub-item (1), the following shall be substituted, namely:-

(1) For filing, registering or recording a document containing charter/ statute/ memorandum and articles, etc. for registration by a foreign company under the Act required or authorized to be filed, registered or recorded a fee of …..	10,000	20,000

3. item No. IX shall be omitted; and

4. in item No. X,-

(a) for sub-item 9, the following shall be substituted, namely:-

(9) (i) issuance of further share capital, otherwise than right under section 83, a fee of …. (ii) for approval of Employee Stock Option Scheme under section 83, a fee of …. (iii) issuance of shares with different rights and privileges, a fee of ….	25,000 25,000 25,000	50,000 50,000 50,000

(b) for sub-item 28, the following shall be substituted, namely:-

(28) registration as intermediary under section 455, a fee of …. (i) For Individuals: Registration Fee	10,000	10,000
Correction/ Update Fee	2,000	2,000
Filing Fee	500	500
(ii) For Firms/ Companies/ Limited Liability Partnerships:
Registration processing Fee	10,000	10,000
Correction/ Update Processing Fee	5,000	5,000
Filing Fee	500	500

[*] Schedule revised as per Policy Board’s Directive vide notification S.R.O. 756(I)/2019, dated 9th July, 2019

No.CLD/CCD/PR(03)/2019

( Bilal Rasul )
Secretary to the Commission