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The corporate sector in Pakistan was governed by the Companies Ordinance 1984 which was promulgated on 8 October 1984 and repealed the Indian Companies Act, 1913. It is now replaced by Companies Ordinance 2016.
The Companies Ordinance 1984 is a broad piece of Pakistani legislation that, according to its own preamble, is "An Ordinance to consolidate and amend the law relating to companies and certain other associations". It encompasses all legal rules and regulations for businesses registered with Security and Exchange Commission of Pakistan (SECP) and is enforced by that agency.[1]
- ^ "The Companies Ordinance, 1984" (PDF). SECP. Archived from the original (PDF) on 6 March 2009. Retrieved 30 August 2009.