You are on page 1of 2
oo ‘ x SECURITIES & EXCHANGE COMMISSION OF PAKISTAN (Commission's Secretariat) sree EMO/Misc/D11/2009-45 22 July, 2014 Subject: Amendment inthe Sixth Sch the Companies Ordinance, 1984 Enclosed is $.R.0. notification on the above subject for publication in Part-il of the Gazette of Pakistan, Extraordinary with the request to send SO printed copies to the undersigned. Payment will 4 Bau be made on receipt of ill Bushra Asiam Secretary to the Commission Encl: As Above : ‘The Manager, OX : Printing Corporation of Pakistan Press, SS of Islamabad Vv ae YS! fy : 9 Government of Pakistan SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN NOTIFICATION Islamabad, the 22% July, 2014 SRO_6BS (1)/2014. - In exercise of powers conferred by section 505 of the Companies Ordinance, 1984 (XLVII of 1984), read with clause (c) of section 43 of the Securities and Exchange Commission of Pakistan Act, 1997, (XLII of 1997] and SRO No.698 (N)/86, dated 2” July 1986, the Securities and Exchange Commission of Pakistan is hereby pleased to make the following amendment in the Sixth Schedule to the sald Ordinance, namely:- For Clause |, for sub-clause (3) the following shall be substituted, namely,- “For registration of an increase in share capital made after the first registration of the company, an amount equal to the difference between the amount which would have been payable on registration of the company by reference to its capital as increased and the amount which would have been payable by reference to its capital immediately before the increase, calculated at the rates given under clause 2: Provided that no such fee shall be applicable on registration of an increase in authorized share capital of a transferee company after merger consequent to sanction of application for compromises, arrangements or reconstruction for merger of companies by the Court pursuant to Section 284 to 287 of the Ordinance, to the extent of aggregate of authorized capital of the transferor and transferee companies. “explanation” For the purpose of calculation of fee for registration of an increase in the share capital of the company which was originally formed on the basis of physical business now opting online submission, the difference of fee shall be calculated on the basis of rates applicable to a company treating as formed on online submission.”. Q ne (Bushra Aslam) Secretary to the Commission F.No, EMD/Mise/D1I/2009-49

You might also like