Securities and Exchange Commission of Pakistan has issued Circular No 32 of 2017 ref No. CLD/CCD/PR/11/2017, dated December 04, 2017. The aforementioned Circular carries “Compliance with the requirements of Section 452 of Companies Act 2017”.

It is important to note companies which do not have any such owners are still required to file NIL form.
In order to facilitate the Companies, SECP has now further extended the filing date upto 31 December 2017 to comply with the requirements of Section 452(4).

Please click below to view the original Circular

171205-148.1-Beneficial Ownership-Sec 452 Compliance-Ext till 31 Dec-Cir 32