KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has launched the Companies Regularisation Scheme (CRS) for the firms registered in Gilgit-Baltistan to enable them to file overdue returns on payment of normal fee as prescribed under sixth schedule of the Companies Ordinance 1984. “The purpose of the scheme is to give relief to the companies registered in Gilgit-Baltistan, which were not regular in the filing of statutory returns,” the SECP said in a statement on Tuesday.
It advised all the companies registered in Gilgit-Baltistan to take benefit in their own interest of the opportunity to regularise their statutory record by filing the overdue returns/annual accounts with the normal filing fee.
The scheme will be applicable to all companies and will remain valid for three months from February 1 to April 30, 2017.
Published in The Express Tribune, February 1st, 2017.
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