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The history of the Securities and Exchange Commission of Pakistan (SECP) traces back to the amendment of the Companies Act in 1956, which led to the establishment of the Board of Company Law Administration (BCLA) in 1963. [4] Subsequent amendments in 1988 transformed the BCLA into the Company Law Board (CLB). [4]
In December 1984, the Companies Act, 1913 was replaced by the Companies Ordinance, 1984 with an order by the President of Pakistan General Zia-ul-Haq. With this Ordinance, it was also necessitated for the manufacturing concern to prepare and maintain cost accounting records and to arrange cost audit on annual basis by a Chartered Accountant or ...
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Pages in category "Pakistani companies established in 2017" The following 4 pages are in this category, out of 4 total. This list may not reflect recent changes .
As a result, in June 2015, the Companies Law Committee (CLC) was formed to present suggestions to remedy concerns resulting from the implementation of the 2013 Act. Based on the recommendations in the CLC report, the government tabled the Companies (Amendment) Bill, 2016 (Bill) in the Lok Sabha on March 16, 2016, which was passed by the Lok ...
The programme was originally based on the Indian Companies Act, 1913, which was replaced by the Companies Ordinance 1984, finally being replaced by the current Companies Ordinance 2016 in a vision to promote Western-styled corporate sector, and business activities development in Pakistan. [5]
It was formed in 2017 after the approval of the Public-Private Partnership Authority Act, 2017, [3] [4] replacing the Infrastructure Project Development Facility (IPDF), which was a public limited company under the Ministry of Finance. [2] [5]
[4] [5] PSX was classified by MSCI as a frontier market on 8 September 2021. [6] Pakistan Stock Exchange was founded in 1947 as Karachi Stock Exchange, In January 2016, Karachi Stock Exchange was renamed as Pakistan Stock Exchange after the merger of the Lahore Stock Exchange and Islamabad Stock Exchange. [7]