Securities and Exchange Commission of Pakistan has issued Circular 25 of 2020 on August 31, 2020 wide subject: Corona Virus Contingency planning for general meetings of shareholders.
In light of the continuing threat posed due to COVID-19 Pandemic and to protect well of the shareholder, the Securities and Exchange Commission of Pakistan (SECP), in exercise of power conferred under section 510 of the Companies Act, 2017 (XIX of 2017), hereby extends applicability of its circular No. 5 of 2020 dated March 17, 2020 to Annual General Meetings for the year ended June 30, 2020 and Extra-Ordinary General Meeting to be helped up till October 31,2020.
The Original Circular can be accessed by clicking (Circular-No-25-of-2020) for your information.
We shall be pleased to provide any further clarification on this if you so desire.