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PK-Corporate Restructuring Companies Rules 2019

PK-Corporate Restructuring Companies Rules 2019

SECP notified Corporate Restructuring Companies Rules,2019[“Rules”] videS.R.O.1306(I)/2019 dated 01 November 2019 in terms of section 15 of Corporate Restructuring Companies Act,2016[“Act”].

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Amyn Malik

Partner, Audit

KPMG in Pakistan

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Corporate restructuring companies rules 2019

Introduction

No Corporate Restructuring Company [“CRC”] can carry on the business of corporatere structuring unless it is established as a public limited company and holds a valid license issued by SECP in this behalf.

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The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. The KPMG name and logo are registered trademarks or trademarks of KPMG International.

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