SRO 1351(I)/2023: Transfer of Certain Companies Act Powers from SECP to the Company Bench of the High Court

The Gazette of Pakistan

EXTRAORDINARY PUBLISHED BY AUTHORITY

ISLAMABAD, FRIDAY, SEPTEMBER 22, 2023

PART II

Statutory Notifications (S. R. O.)

GOVERNMENT OF PAKISTAN FINANCE DIVISION (Investment Wing)

NOTIFICATION

Islamabad, the 22nd September, 2023

S. R. O. 1351(I)/2023.—In exercise of the powers conferred by sub-section (8) of section 285 of the Companies Act, 2017 (XIX of 2017), and in supersession of the Finance Division’s Notification No. S.R.O 840(I)/2017, dated the 17th day of August 2017 and Notification No. S.R.O. 1126(I)/2019, dated the 23rd day of September, 2019, the Minister-in-Charge of the Federal Government is pleased to notify that the powers of the Securities and Exchange Commission of Pakistan conferred by sections 279 to 283 and 285 of the said Act in respect of public interest companies, large sized companies and medium sized companies classified under the Third Schedule of the said Act shall be exercised by the Company Bench of the High Court having jurisdiction under the said Act except public sector companies to the extent of the Federal Government.

[No. 1(4) Inv-V/2023.]

ZAHRA A. ABRO,
Section Officer.

(3007)

Price : Rs. 5.00

[1861(2023)/Ex. Gaz.]