Rule · SECP · 10 Dec 2018
The Securities and Exchange Commission of Pakistan modifies the Seventh Schedule to the Companies Act, 2017 by altering item No X, sub-item (12A). This amendment establishes a fee of 100,000 for relaxation from any of the requirements of the Listed Companies (Code of Corporate Governance) Regulations, 2017. The notification supersedes S.R.O 766(I)/2018 dated June 13, 2018.
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.-.- Islamabad, 6 th December, 2018 NOTIFICATION S.R.O. 1476 (I)/2018.- In exercise of the powers conferred under sub-section (2) of Section 507 read with Section 462 and 469 of the Companies Act, 2017 (XIX of 2017), in partial modification of S.R.O 228 (I)/2018 dated February 08, 2018 and in supersession of S.R.O 766(I)/2018 dated June 13, 2018, the Securities and Exchange Commission is pleased to make the following alteration in the Seventh Schedule to the Companies Act, 2017 (XIX of 2017), namely:- In the aforesaid Seventh Schedule, in item No X, sub-tem (12A) shall be read as:
“(12A) relaxation from any of the requirements of Listed Companies (Code of Corporate Governance) Regulations, 2017, a fee of……………. 100,000 100,000” ___________________________________________________________________________ (No. CSD/MISC/CCG/104/2016)
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“and in supersession of S.R.O 766(I)/2018 dated June 13, 2018”
“in partial modification of S.R.O 228 (I)/2018 dated February 08, 2018”
“SRO.1476 (I)/2018 dated December 6, 2018”
This document amends: SRO 228 (I)/2018 – Notification to Amendment in 7th Schedule
This document supersedes: SRO 766(I)/2018-Notification to the amendment to 7th schedule- relaxation fee CCG
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