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Wednesday, November 6, 2024
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Extension in filing date of annual returns and accounts- SECP

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Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has extended the date of filing of Form-A/B up to Monday, December 2, for the companies that are not listed and to Monday, December 16, for listed companies.

The extensions have been granted due to weekly holidays falling on November 30, and December 15-being filing dates for other than listed and for listed companies respectively-which held their annual general meetings (AGMs) on October 31, according to a statement by the commission.

In order to extend maximum facilitation, the Company Registration Offices of the SECP shall also remain open until 8 p.m. to collect returns/accounts of the companies on December 2.

It may be noted that it is mandatory for companies to file Form-A/B with the SECP within 30 days, in case of other than listed companies and within 45 days, in case of listed companies, from the date of holding of their AGMs.
Furthermore, it is mandatory for certain categories of companies to file annual audited accounts within 30 days of holding of their AGMs.

These categories include, private companies having paid-up capital of Rs7.5 million or above, listed/unlisted public companies, non-profit associations, companies limited by guarantee, trade organizations and foreign companies.

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