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Friday April 26, 2024

SECP issues list of closed companies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued the list of around 6,000 companies, which have ceased to exist in the last five years and, therefore, they are no longer legal entities.The commission has advised the public in their own interest, to be prudent, while dealing with

By our correspondents
February 28, 2015
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued the list of around 6,000 companies, which have ceased to exist in the last five years and, therefore, they are no longer legal entities.
The commission has advised the public in their own interest, to be prudent, while dealing with the companies whose registration has been cancelled by the commission, a statement said.
These companies were struck off either on their own choice by availing themselves of the Company Easy Exit Scheme (CEES) / voluntary wind-up, or their registration have been cancelled by the registrar due to their non-operational / dormant status.
The list, which contains over 6,000 companies, may be viewed on the SECP website, it added.