SECP extends facilitation to the corporate sector


The Securities and Exchange Commission of Pakistan (SECP) extends facilitation to the corporate sector in collection of annual returns and accounts for filing of annual statutory returns and accounts. Last date of filing Form 29 for most of the companies is 14th November 2011. Companies are also required to file annual returns on Forms A/ B within 45 days, in case of listed companies and 30 days in case of other companies, of holding of Annual General Meetings (AGMs).
Annual audited accounts are also required to be filed within 30 days of holding of AGMs. CROs shall also remain open on the coming Saturday during 8:30 am to 5:30 pm and till late hours, i.e., 8:00 pm; on the 14th, 29th and 30th November 2011, respectively. Special facilitation desks have been established at the CROs with designated staff to facilitate companies in submission of annual returns and accounts.