Saturday, November 13, 2010

SECP extends deadline for filing Form 29 to Monday, Nov 15

Islamabad, November 13: The Securities and Exchange Commission of Pakistan (SECP) has extended the last date of filing Form 29 to Monday, Nov 15 to facilitate the corporate sector.

The last date for filing Form 29 for most of the companies, which closed their accounts on June 30, was Nov 13 or Nov 14, which falls on Saturday and Sunday (public holidays). So the SECP decided to keep the CROs open on November 13 and 14, exclusively for accepting of documents.

However, in order to further facilitate the companies, the SECP has now extended the last date of filing Form 29. Consequently, the Form 29 shall now be accepted by 8 pm on Monday, Nov 15. This facility shall be applicable to both online and offline filing of Form 29.

The companies are also required to file annual returns on Forms A/B within 45 days, in case of listed companies and 30 days in case of other companies, of holding of annual general meetings (AGMs). The annual audited accounts have to be filed within 30 days of holding of AGMs. The last date of filing of Form A/B and annual audited accounts for most of the companies will be Nov 30, 2010.