SECP Circular No 15 , SECP Circular No 16

SECP Update

• SECP Circular No 15 - Additional conditions to modaraba authorization certificate
• SECP Circular No 16 - Religious Board for Modarabas has been re-constituted for a
• >SECP Circular No 17 - Re-launched an amnesty scheme, ‘Companies Regularization

Scheme’, to give relief to those companies and their management, which have, in thepast, defaulted in the filing of various statutory returns under the Companies Ordinance,1984. The scheme shall remain operative, for a period of forty-five days from 15th May,2009, and shall apply to the defaults committed up to 31st December, 2008. The schemeis applicable on all types of companies other than listed companies. These includenon-listed public companies, private companies, associations not-for-profit, tradeorganizations, companies limited by guarantee and foreign companies.