Company
Law & Procedures
Complete Company Law and Procedures -Vol I
May 31, 2008 Update
This update covers:-
-SRO 411(I)/2008 and Circular No. 8 of 2008.
Follow
is a brief:–
Part
I – Companies Ordinance, 1984
1.
On page 306A, SRO 411(I)/2008, dated April 28,
2008 has been reproduced. This requires compliance with the requirements of IAS-29
and IFRS-7 & 8 in the preparation of financial statements of listed
companies re: investment in associates.
2. On page 528, SECP’s Circular No. 8 of 2008, dated May 8 2008 has been reproduced. This is re: Companies Easy Exit Scheme (CEES).