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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 exercise also revealed more than 1,500 disqualified company directors were being allowed to run other UK companies as Companies House was not checking names against its register of disqualified persons. [100] In July 2023, the Companies House independent adjudicators' report 2022-2023 was published. This revealed that Companies House had ...
Ministry of Development (MR) – Central Registration and Information on Business (CEIDG) [70] – company register for natural persons trading as sole traders or their civil law partnerships (searchable); such companies are prohibited from performing certain activities (e.g. operating a life insurance company), and proper agricultural activity ...
House of Habib: Conglomerates - Karachi: 1841 [17] Automobiles, education, financials, industrials, oil & gas, technology P A Hub Power Company: Utilities Alternative electricity Hub: 1991 Thermal power generation P A Hum Network: Consumer services Media Karachi: 2004 Media holding company P A Hyundai Nishat Motors: Consumer goods Automobiles ...
The duty of directors to produce a directors' report once a year is found in the Companies Act 2006 section 415. Under section 416, the contents must include the directors' names and the company's principal activities. The critical requirement is found in section 417(1). A business review must be carried out, though this is only for large ...
Manipulation continued, and brokers maintained substantial influence over the exchange, controlling 60 percent of its board of directors even after new SECP regulations aimed to limit their management role. [13] The SECP was granted authority to regulate accountants, but penalties for misconduct remained minimal, at $30 per offense. [13]
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.
Data is sourced from national business registries in 140 jurisdictions, and presented in a standardised form. Collected data comprises the name of the entity, date of incorporation, registered addresses, and the names of directors. Some data, such as the ownership structure, is contributed by users. [5] [6]