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It means every company that is registered in Pakistan either it is a private company or a public company. The Ordinance also provides legal protection and regulates the business community of Pakistan, with the SECP keeping a close check on financial and corporate entities to insure stakeholder’s interest.
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 ...
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.
At no point in Pakistan's legal history was there an intention to begin the statute book afresh. The founder of Pakistan, Muhammad Ali Jinnah had a vision regarding the law of Pakistan, to implement a system in accordance to Islamic teachings, but it was never fulfilled, although it was fulfilled at the later stage when Pakistan had its first ...
Pakistani law by year (27 C) Pages in category "Legal history of Pakistan" The following 14 pages are in this category, out of 14 total.
Taxation in Pakistan is a complex system of more than 70 unique taxes administered by at least 37 agencies of the Government of Pakistan. [1] According to the FBR, in 2021, the number of registered tax filers had grown to 7.1 million out of which only 2.5 million were active tax filers. [ 2 ]
Adil Gillani, an advisor for TI Pakistan, observed in 2012 that if Pakistan checked the menace of corruption and ensured good governance, it would not require a single penny from the outside world. The 2008–2013 PPP-led coalition government was criticised as being the most corrupt in the country's history. [24]
On November 10, 1977 the Supreme Court unanimously validated the imposition of martial law, under the doctrine of necessity. The law of necessity recognized and upheld by Pakistan's highest judicial body has proved an honorable protection for military adventure in civil government.it was the illegal action called law of necessity..