{"id":363798,"date":"2023-10-25T11:22:27","date_gmt":"2023-10-25T06:22:27","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=363798"},"modified":"2023-10-25T11:22:27","modified_gmt":"2023-10-25T06:22:27","slug":"iap-urges-secp-to-simplify-procedures-for-companies-registration","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/iap-urges-secp-to-simplify-procedures-for-companies-registration\/","title":{"rendered":"IAP urges SECP to simplify procedures for companies\u2019 registration"},"content":{"rendered":"<p>PESHAWAR<br \/>\nThe Industrialists Association Peshawar (IAP) president Ayub Zakori has urged the Securities and Exchange Commission of Pakistan (SECP) to take pragmatic steps in simplifying procedures and process of companies\u2019 registration.<br \/>\nFurthermore, he suggested the organizing special awareness seminars and programs about SECP and corporate governance rules for the business community<br \/>\nMr Zakori made these demands during a meeting with Securities and Exchange Commission of Pakistan (SECP) Chairman Akif Saeed, SECP Headquarters in Islamabad, said in a press release here on Tuesday.<br \/>\nSenator Nauman Wazir also present during the meeting. The IAP chief made several proposals for facilitating the business community.<br \/>\nOn the occasion, IAP president Ayub Zakori and Senator Nauman Wazir apprised the Chairman SECP Akif Saeed in detail about the problems of industrialists and urged the SECP to take reforms measures to simplify companies\u2019 registration process for promotion of businesses and industrial growth.<br \/>\nThe meeting said that SECP is focused on taking key steps for digitization of corporate law.<br \/>\nThe participants emphasized that regular awareness sessions regarding SECP and corporate governance rules should be conducted by SECP in Peshawar.<br \/>\nThese will be aimed towards education and facilitation of AOPs and sole proprietorships in moving all businesses towards corporatization. For this IAP and SECP would work in a close liaison, the meeting told.<br \/>\nThe participants appreciated SECP for introducing a simplified process on its website to facilitate corporatization of businesses.<br \/>\nAyub Zakori suggested a revamped regime of initial public offering (IPO) to make the IPO process simple &#038; cost effective for transforming private limited company to public limited company and has been brought to maximum 14 days for further listing of a company\u2019s shares in Pakistan Stock Exchange.<br \/>\nIn this regard FF Steel has been certified as a public limited company (first in this region since 1992) whose shares will now be enlisted in PSX, the IAP chief informed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PESHAWAR The Industrialists Association Peshawar (IAP) president Ayub Zakori has urged the Securities and Exchange Commission of Pakistan (SECP) to take pragmatic steps in simplifying procedures and process of companies\u2019 registration. Furthermore, he suggested the organizing special awareness seminars and programs about SECP and corporate governance rules for the business community Mr Zakori made these [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":266679,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[50],"class_list":{"0":"post-363798","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-secp"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IAP urges SECP to simplify procedures for companies\u2019 registration<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/iap-urges-secp-to-simplify-procedures-for-companies-registration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IAP urges SECP to simplify procedures for companies\u2019 registration\" \/>\n<meta property=\"og:description\" content=\"PESHAWAR The Industrialists Association Peshawar (IAP) president Ayub Zakori has urged the Securities and Exchange Commission of Pakistan (SECP) to take pragmatic steps in simplifying procedures and process of companies\u2019 registration. Furthermore, he suggested the organizing special awareness seminars and programs about SECP and corporate governance rules for the business community Mr Zakori made these [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/iap-urges-secp-to-simplify-procedures-for-companies-registration\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-25T06:22:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/06\/SECP.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"438\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" 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