Rule · SECP · 24 Aug 2017

SRO 840 (I)/2017 Large and Medium sized Companies

The Minister-in-charge of the Federal Government exercises powers conferred by sections 279 to 283 and 285 of the Companies Act, 2017, to transfer jurisdiction over public interest, large, and medium-sized companies to the Company Bench of the High Court. This notification applies to companies classified under the Third Schedule to the said Act. The powers previously held by the Securities & Exchange Commission of Pakistan are now exercised by the relevant High Court Company Bench.

PakistanSecurities and Exchange Commission of Pakistan

REGISTERED No. M-302
L.-7646

The Gazette of Pakistan

EXTRAORDINARY
PUBLISHED BY AUTHORITY

ISLAMABAD, THURSDAY, AUGUST 24, 2017

PART II

Statutory Notifications (S. R. O.)

GOVERNMENT OF PAKISTAN
FINANCE DIVISION

NOTIFICATION

Islamabad, the 17th August, 2017

S.R.O. 840 (I)/2017.—In exercise of the powers conferred by sub-section (8) of section 285 of the Companies Act, 2017 (XIX of 2017), the Minister-in-charge of the Federal Government is pleased to notify that the powers of the Securities & 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 to the said Act shall be exercised by the Company Bench of the High Court having jurisdiction under the said Act.

[No. 3(1)-Inv-V/2017.]

WASIQA WAHEED,
Section Officer.

(2067)

PRINTED BY THE MANAGER, PRINTING CORPORATION OF PAKISTAN PRESS, ISLAMABAD. PUBLISHED BY THE DEPUTY CONTROLLER, STATIONERY AND FORMS, UNIVERSITY ROAD, KARACHI.

Price: Rs. 2.00

[1411 (2017)/Ex. Gaz.]

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Annotations and obligations

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The links and the sentences they come from (3)

Superseded by

Guidelines for Mergers and Amalgamations2023 · SECP
“S.R.O. 840(I)/2017, dated the 17th day of August, 2017”
SRO 1351(I)/2023: Transfer of Certain Companies Act Powers from SECP to the Company Bench of the High Court2023 · SECP
“in supersession of the Finance Division’s Notification No. S.R.O 840(I)/2017, dated the 17th day of August 2017”

Amended by

SRO 1126(I)/2019 Notification Finance Division2019 · SECP
“In the aforesaid Notification, after the wards “said Act”, occurring for the second time, the expression “,except public sector companies wholly owned directly or indirectly by the Federal Government,” shall be inserted.”

Timeline

Amended 3 times · last 2023-10-11

2023-10-11SECPGuidelines for Mergers and Amalgamationssupersedes
2023-09-22SECPSRO 1351(I)/2023: Transfer of Certain Companies Act Powers from SECP to the Company Bench of the High Courtsupersedes
2019-09-24SECPSRO 1126(I)/2019 Notification Finance Divisionamends

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Source: Securities and Exchange Commission of Pakistan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

In RegAlert: added 2026-10-16