Securities and Exchange Commission of Pakistan to organize corporate rehabilitation roundtable conference

Islamabad, December 12, 2013 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) is organizing a roundtable conference with external stakeholders to finalize the draft Corporate Rehabilitation Act, 2013. It will be held at a hotel in Lahore on Thursday (December 12).

Senior representatives of the chambers of commerce and industry, top business groups, the Lahore Stock Exchanges and eminent experts will participate in the roundtable.

The proposed Corporate Rehabilitation Act (CRA) has been drafted after considering a number of corporate rehabilitation models worldwide. The proposed law seeks to provide for the rehabilitation, reorganization and restructuring of distressed corporate entities and their businesses so as to encourage economic growth and development. The draft of the CRA is available on the SECP website.

Tickers:

1. The Securities and Exchange Commission of Pakistan (SECP) is organizing a roundtable conference with external stakeholders to finalize the draft Corporate Rehabilitation Act, 2013

2. Senior representatives of the chambers of commerce and industry, top business groups, the Lahore Stock Exchanges and eminent experts will participate in the roundtable.

For more information, contact:
Shakil Ahmad Chaudhary
Head, Internal and External Communication
Securities and Exchange Commission of Pakistan (SECP)
NIC Building, 63 Jinnah Avenue, Islamabad
Tel: +9251 921 4005 or 921 4009 (Ext. 378)
Fax: +9251 920 6459
Cell: +92302 855 2254
E-mail: shakil.chaudhary@secp.gov.pk