The Securities and Exchange Commission of Pakistan (SECP) has issued a consultation dissertation for public comments on the current requirements under the regulations of companies (more shares), 2020. A company in these rules does not require that they do not exceed or pre -default -before announcing the correct issue in the Credit Information Bureau (CIB) report.
Under the Companies Act, 2017, companies can increase their shares through the rights issue, which gives current shareholders the right to buy additional shares in proportion to their current shares. The existing rules and regulations are ordered that a clean report of the CIB (ie, no excess or default), in conjunction with its sponsor, promoters, shares and directors, should be done.
This requirement means that even the slightest obligatory responsibility can prevent a company from collecting the necessary capital through the issue of rights. However, in a financial problem, shareholders may be willing to guarantee a company that may not be available through traditional channels. Clean CIB requires the potential rehabilitation of a company, reorganization, or restoration of operations, ultimately challenges its survival even when the sharks holders are determined to support it.
The consultation dissertation company provides a detailed analysis of the implications of clean CIB need, potential risks and expected benefits. The other circle options also include a comparative study of similar regulations to help stakeholders prepare their opinions.
The SECP encourages all stakeholders to present their comments on the article of consultation via email on October 07, 2025. (E -mail reserved)