|
Company
Law & Procedures |
|
Complete Company Law and Procedures -Vol II
June 05, 2008 Update
This update covers:-
-Circulars Nos. 4, 9 & 10 of 2008.
Part-VI-Modaraba
1. On page 82 onwards, Prudential Regulations for
Modarabas have been amended by SECP’s Circular
No. 10 of 2008 dated June 02, 2008.
2.
On page 116, ‘Guidelines for Issue of Certificates of Musharaka for Modarabas’ have
been amended by SECP’s Circular No. 04 dated April 07, 2008.
3.
On page 130, SECP’s Circular No. 9 of 2008
dated May 16, 2008 has been reproduced. This grants permission to Modarabas for insertion of the words “An Islamic
Financial Institution” after the name of a Modaraba.
.