Monday, November 28, 2011

SECP facilitating corporate sector in collection of annual returns and accounts


ISLAMABAD, November 28: In order to facilitate the filing of annual statutory returns and accounts, the Company Registration Offices (CROs) of the Securities and Exchange Commission of Pakistan (SECP) is extending facilitation in collection of annual returns and accounts.

The last date of filing of Forms A/B for companies other than listed companies, which held their AGM on October 31, 2011, is November 30. The companies are required to file annual returns on Forms A/B within 45 days, in case of listed companies and 30 days in case of other companies, of holding of annual general meetings (AGMs). The annual audited accounts are required to be filed within 30 days of holding of AGMs.

The SECP has provided the facility for collection of returns and accounts, at the Chambers of Commerce and Industry, in the cities of Sialkot, Hyderabad, Gujranwala, Gujrat, Rawalpindi, Bahawalpur, Rahim Yar Khan and Sheikhupura and its representatives will be present at these chambers on due dates of filing of Forms A/B, for collection of annual returns and accounts.

Special facilitation desks have been established at the CROs to facilitate companies in submission of annual returns and accounts. The CROs shall also remain open until  8 pm p.m.., on November 29-30.

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