ISLAMABAD, Pakistan: Securities and Exchange Commission of Pakistan (SECP) organized a seminar in collaboration with the Institute of the Chartered Accountants of Pakistan (ICAP) in order to create awareness about the Companies Ordinance, 2016 and its post-incorporation statutory requirement.
Additional registrar, SECP’s Company Registration Office, Lahore, Liaqat Ali Dolla highlighted the significant changes introduced through the new ordinance, said in a statement issued by SECP on Monday.
He highlighted the measures taken by the SECP to increase corporatization and corporate compliance and encourage feedback from participants for making the SECP’s existing services more efficient.
Joint registrar of companies, Ms. Sidra Mansur gave a brief presentation on post-incorporation statutory compliance in light of the Companies (Compliance with Licensing Conditions) General Order, 2016.
The amendments to Companies (General Provision and Forms) Rules, 1985 Chairman, NRC (Partner Junaidy Shoaib Asad and Co, an independent member firm of Morrison KSI) and M. Ali Latif, secretary, NRC (Partner Muniff Ziauddin and Co. Member Firm of BKR International) from Institute of Chartered Accountants of Pakistan were present at the seminar.
Ali Latif proposed that such interaction with stakeholders should be a regular feature in future.
The additional registrar informed the audience that being the apex regulator of the corporate sector, the SECP has always collaborated with the professional and trade bodies in the past.
For plans to conduct more seminars and workshops in collaboration with other professional and trade bodies as well in near future.
