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The Companies Ordinance 1984 ... It encompasses all legal rules and regulations for businesses registered with Security and Exchange Commission of Pakistan (SECP) ...
The Securities and Exchange Commission of Pakistan (SECP) (Urdu: سیکیورٹیز اینڈ ایکسچینج کمیشن آف پاکستان), formerly known as Company Law Administration, Company Law Board, and Corporate Law Authority, is the corporate legislative and financial regulatory agency of Pakistan whose objective is to develop a modern and efficient corporate sector and a capital ...
On December 14, 1999, the SECP issued the Companies (Buy-back of Shares) Rules, 1999, which established detailed regulations and procedures for corporate share repurchases, commonly known as treasury stock.
The Company Registration Office at Lahore registered the most number of companies at 324, CRO Karachi 285 companies, and CRO Islamabad 211 companies. Of the 920 companies, 898 were limited by shares comprising 21 public unlisted companies, 840 private companies, and 37 single member companies.
Institute of Corporate Secretaries of Pakistan (ICSP) (Urdu: انسٹیٹیوٹ آف کارپوریٹ سیکریٹریز آف پاکستان) was established on 22 November 1973 as a company limited by guarantee, under the then Indian Companies Act 1913, later substituted by the Companies Ordinance 1984.
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Central Depository Company was founded in 1997. [5] In 1999, the CDC introduced Investor Account Services, allowing both retail and corporate investors to open and maintain custody accounts directly with the company. [6] The CDC expanded its services in 2002 with the launch of Trustee and Custodial Services. [6]
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