Managing Directors and Officers on SECP’s LEAP Portal
Introduction The SECP’s LEAP portal offers a streamlined and user-friendly process for companies to manage their key personnel. Specifically, businesses can now handle the induction, cessation, and changes in the particulars of directors and officers effortlessly. This includes roles such as the chief executive, secretary, chief financial officer, auditors, and legal advisers. Understanding how to […]
SECP User Registration and PIN Generation: The Complete Process
What is SECP User Registration and PIN Generation? The SECP User Registration and PIN Generation system is Pakistan’s mandatory verification process for accessing: Security benefit: Reduces identity fraud by 83% compared to unverified systems. Complete SECP User Registration and PIN Generation Steps 1. Initial Registration Start your SECP User Registration and PIN Generation by: Preparation tip: Keep your original ID documents handy. 2. […]
Why SECP Fined United Insurance – Simple Guide
Table of Contents What Happened? SECP fined United Insurance Rs. 100,000.Company went to court but lost. The Problem Found Company’s 5 Arguments Court’s Decisions Important Lessons ✔ SECP checks carefully✔ Keep real money in funds✔ No paper tricks allowed Need Help? Contact:Muhammad Amin Advocate🏢 Tehkal, Peshawar University Road📞 0313-9708019
Arbitration for Companies in Pakistan: A Simple Guide
Table of Contents 1. Introduction 2. Petition for Arbitration Referral 3. Filing Arbitration Award Before the Company Bench 4. What does “court” mean under the Arbitration Act? 5. Civil Court Jurisdiction in Arbitration 6. Why Include Specialized Courts? 7. How This Case Affects You 8. Conclusion For legal assistance or help with arbitration and other […]
Fine on securities in money laundering cases in pakistan
Table of Contents Introduction In 2024, SECP imposed a Rs. 60,000 penalty on Xpert Securities Limited for breaching anti-money laundering regulations. The company appealed, and the case was decided on 13th February 2024. Background Xpert Securities, a TREC holder at PSX, was inspected by SECP for non-compliance with anti-money laundering rules. SECP issued a penalty […]