Ali Muhammad said that it was unfortunate that the creator of 18th amendment of constitution, Pakistan Peoples Party (PPP) did not remember Balochistan.
Company can get listed by selling existing shares to accredited investors, existing shareholders, and specific category of investors, without the mandatory appointment of intermediaries
As per SECP, in order to minimize shareholding disputes and make the entire process of holding, monitoring, and transferring of shares much easier, cost-efficient and transparent, the SECP is considering a proposal requiring all the public listed, public unlisted, public interest and private limited companies to have their shares in book-entry form in compliance with Section 72 of the Companies Act, 2017.
In April, around 99% companies were registered online, 29% of applicants completed the incorporation process the same day while 220 foreign users were also registered from overseas.
