Rule · SECP · 3 Nov 2020
The Securities and Exchange Commission of Pakistan delegates to the Registrar (Limited Liability Partnership), Corporatization and Compliance Department, Company Law Division, the power under regulation 3(4) of the Limited Liability Partnership Regulations, 2018 to hear appeals against orders refusing an LLP name. If the Registrar LLP post is vacant or the Registrar is unavailable or unable to perform functions, the delegated powers and functions pass to the Commissioner (CCD).
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.-.-
Islamabad, the 3 rd November, 2020
S.R.O. 1176 (I)/2020.- In exercise of the powers conferred by section 10 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997), the Securities and Exchange Commission of Pakistan (the “Commission”), subject to such conditions and limitations as it may from time to time impose, hereby delegates the following powers and functions of the Commission to the Registrar [Limited Liability Partnership (LLP)], Corporatization and Compliance Department, Company Law Division, namely:-
| S. No. | Relevant regulation of Limited Liability Partnership Regulations, 2018 | Nature of powers/functions |
|---|---|---|
| 1. | 3(4) | To hear an appeal against the order passed by the registrar concerned regarding refusal of name of LLP. |
In case post of Registrar LLP is vacant, or he/she is unavailable or unable to perform his/her functions, the powers and functions delegated to him/her through this notification shall stand delegated to the Commissioner (CCD).
[File No. CLD/CCD/PR(II)/2017]
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“Relevant regulation of Limited Liability Partnership Regulations, 2018”
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