ISLAMABABAD – The amnesty schemes launched by the Securities and Exchange Commission of Pakistan (SECP), i.e., the Companies Regularisation Scheme (CRS) and Companies Easy Exit Scheme (CEES) shall close on Friday.
The SECP’s Company Registration Offices will remain open till 7 pm, on Friday, December 31, in order to receive the applications and overdue returns under the said schemes.
The companies are earnestly advised to benefit from the schemes within the stipulated time, by either regularising through filing of their overdue returns under the CRS or strike their companies off the register under the CEES.
Strict action shall be initiated against the defaulter companies, after the schemes close. Detailed information is available in Circular No. 27 of 2010 at the SECP website.