It is very important to understand for all Chief Executives / Directors of Private Limited company, Single Member Private Limited company, Public Limited company (Listed in Stock Exchange) , Public Limited company (non-listed in Stock Exchange), Non-Profit Organization (NPO/NGO) registered under Section 42 of Company Ordinance, Foreign Companies, and others who are registered in SECP to submit timely SECP form SECP Returns. Read More »
Here it is mandatory to explain the company winding up procedure in Pakistan. the legal process by which the an incorporated company / registered company is brought to an end is called as winding up. Normal the term ‘winding up’ of a company is treated or explained as the process by which a company is closed. When any company is applied for winding up, means the management of the company is no more to run the operation of the company. When the process of winding up of a company starts, the assets of the company are disposed of, the debts of the company are paid off out of the assets sold. We also called it ‘‘liquidation’ of the company’. normally people use the word ‘dissolution’ it is only used when partnership firm is come to an end or closing of business. Read More »
Immigration consultancy is a growing business in Pakistan as well as abroad, a lot of skilled and semi skilled professionals who want to settle abroad in developed countries with their families. In Pakistan, there is no any department who specifically register Immigration Consultants and Foreign Education Consultants throughout the Pakistan.
Furthermore, it is stated that there is no mechanism of Immigration Consultants as well as foreign education consultants registration in Pakistan. Read More »
For every company which is registered with securities and Exchange Commission of Pakistan (SECP) under companies Act 2017, needs to submit annually SECP form 29 & Form A, which is also know as statutory Return of SECP. Form 29 & Form A is mandatory for every company, to submit within the time as mentioned in Companies Act 2017 and the last date normally is October 28th of every year. If these forms didnot submit on time, SECP impose penalty / fine for late filing of returns.
What is Form A?