RegAlertRule · SECP · 6 Jul 2007
SRO 687(I)/2007: Further Exemption from Clause 6 of Part I of the Fourth Schedule to the Companies Ordinance, 1984
The Securities and Exchange Commission of Pakistan grants listed companies and their subsidiaries a further exemption from the application of clause 6 of Part I of the Fourth Schedule to the Companies Ordinance, 1984. This exemption extends the validity of the waiver until December 31, 2007, continuing the provision established by notification S.R.O. 9(1)/2007 dated January 4, 2007. The authority exercises this power under sub-section (5) of section 234 of the Companies Ordinance, 1984, read with clause (c) of section 43 of the Securities and Exchange Commission of Pakistan Act, 1997.
TO BE PUBLISH IN PART II OF THE GAZETTE OF PAKISTAN Statutory Notification (S.R.O.) GOVERNMENT OF PAKISTAN SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN NOTIFICATION Islamabad, the July 06, 2007 S.R.O 687(I)/2007.__ In exercise of the power conferred by sub-section (5) of
section 234 of the Companies Ordinance, 1984 (XLVII of 1984), read with clause ( c ) of
section 43 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of
1997), the Securities and Exchange Commission of Pakistan, in continuation of its earlier notification no. S.R.O. 9(1)/2007 dated 4th January, 2007, is pleased to grant further exemption from application of clause 6 of Part I of the Fourth Schedule to the said Ordinance till December 31, 2007 to listed companies and their subsidiaries. [No. 7(7)Dir(CS)/2005 (Abdul Rehman Qureshi) Advisor/Secretary
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“read with clause ( c ) of section 43 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997)”
“In exercise of the power conferred by sub-section (5) of section 234 of the Companies Ordinance, 1984 (XLVII of 1984)”
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