ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has sought feedback from public/stakeholders on the Companies Bill, 2016 by May 6 as it placed the revised draft on its website.
The SECP submitted the first draft of the Companies Bill to Finance Minister Mohammad Ishaq Dar in November 2015. In accordance with his advice, a series of consultative sessions were conducted in Karachi, Lahore, Islamabad, Peshawar, Faisalabad, Multan and Quetta.
The participants of the sessions included chartered accountants, cost and management accountants, professionals related with the corporate sector, eminent lawyers, office bearers of chambers of commerce and industries, businessmen and representatives of the professional bodies and the financial institutions.
The significant provisions of the draft Companies Bill and feedback received from professionals, legal experts, businessmen and the representatives of various chambers and financial institutions were discussed/debated at a seminar organized by the SECP on March 26, 2016, in Islamabad.
