The Securities and Exchange Commission of Pakistan (SECP) organized a national seminar on the Draft Companies Bill, 2016 on Saturday, March 26, 2016. Mr. Mohammad Ishaq Dar, Minister for Finance, Revenue, Economic Affairs, Statistics and Privatization was the chief guest. Mr. Asad Ali Shah, Chartered Accountant, Managing Partner, Deloitte- Pakistan and former President of ICAP, Hafiz Muhammad Yousuf, President ICAP were among the speakers. The speakers highlighted the key features in the draft Companies Bill, 2016 and gave their insights.
Draft Companies Bill has been drafted, after thorough and in-depth analysis of relevant international laws and while keeping in view the existing challenges faced by the corporate sector and realizing the socio-economic conditions prevailing in Pakistan, by the Securities and Exchange Commission of Pakistan (SECP). The Bill primarily focuses on facilitation measures to the companies and the corporate sector in general.