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 […]
Company Registration Lawyer: Professional Help to Incorporate Your Business
Table of Contents Why You Should Hire a Company Registration Lawyer Starting a new business marks an exciting journey that requires a solid legal foundation. Therefore, a company registration lawyer ensures that your business follows all government regulations from day one. While many people attempt to use the online portals alone, they often face technical […]
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
Understanding Arbitration for Companies in Pakistan: A Practical Legal Manual
Table of Contents Introduction to Corporate Dispute Resolution Arbitration serves as a vital alternative to traditional court trials because it offers a much faster way to resolve disagreements. In Pakistan, the Arbitration Act of 1940 governs these proceedings and provides the necessary legal structure for businesses. A recent and significant case explored whether specialized judicial […]
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 […]