KARACHI: Senate Standing Committee on Finance and Revenue will hold public hearing on the Companies Bill, 2017 on March 16 and 17 for taking feedback from business community and general public.
The public hearing will be held at Karachi Chamber of Commerce and Industry (KCCI), said a statement on Thursday.
In the statement, Senator Saleem Mandviwalla, Chairman Senate Standing Committee on Finance said public hearing to seek proposals, suggestions and recommendations from all the sectors on Companies Bill 2017.
Mandviwalla has said: “We have invited Federation of Pakistan Chamber of Commerce (FPCCI), Major Chamber of Commerce and Industries, Overseas Chamber of Commerce and Industries, Pakistan Business Counsel, Charted Accountant firms, Stock Brokers Association, Real Estate Sector and all other stake holders.
He said that it was first ever public hearing in the history of Senate, its open to all public, everyone can come and present his proposals on Companies Bill 2017.
He said that objective of the public hearing is to consult with all the stakeholders and business community and build a consensus.
Senator Saleem Mandviwalla said that business community had expressed reservations on the proposed legislation.
He said that all the stakeholders are invited in the public hearing to present their case on Companies Bill 2017.Committee will present is its recommendations after the consultation unanimously.
