RegAlertRule · SECP · 26 Jan 2018
SRO 73(I)/2018 Notification to PICG authorizing under section 166
The Securities and Exchange Commission of Pakistan authorizes the Pakistan Institute of Corporate Governance to create and maintain a data bank of independent directors. The Institute is required to post this data on its website for use by companies making appointments of such directors. This authorization is exercised under section 510 read with sub-section (1) of section 166 of the Companies Act, 2017.
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.- Islamabad, the 25 th January, 2018 NOTIFICATION S.R.O. 73(I)/2018.- In exercise of the powers conferred by section 510 read with sub-section (1) of section 166 of the Companies Act, 2017 (XIX of 2017), the Securities and Exchange Commission of Pakistan is pleased to notify that Pakistan Institute of Corporate Governance is hereby authorized to create and maintain data bank of independent directors and post such data on its website for the use by the company making the appointment of such directors. __________________________________________________________________________ [File No.: CSD/PICG/115/2018]
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