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Amendment in the sixth Schedule to Companies Ordinance, 1984

S.R.O. 1095(1)/2003 (Amendment in the sixth Schedule to Companies Ordinance, 1984)

COMPANIES ORDINANCE, 1984

(XLVII OF 1984)

[Gazette of Pakistan, Extraordinary, Part-II, 12th December, 2003]

 

S.R.O. 1095(1)/2003.—In exercise of the powers.— In exercise of the powers conferred by section 505 of the companies Ordinance, 1984 (XLVII of 1984), and clause (c) of section 43 of the securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997), the securities and Exchange Commission of Pakistan is pleased to direct that the following amendment shall be made in the sixth Schedule to the said Ordinance, namely:–  

In the aforesaid Schedule, in Serial No. 1, for items (1) and (2) and the entries relating thereto the following shall be substituted, namely:–

(1)        For registration of a company whose nominal share capital does not exceed 100,000 rupees, a fee of RS. 2,500

(2)        For registration of a company whose nominal share capital exceeds 100,000 rupees, a fee of two thousand five hundred rupees, along with an additional fee to be determined according to the amount of nominal share capital as follows, namely:

(i)         For every 100,000 rupees of nominal share capital or part of 100,000 rupees, after the first 100,000 rupees, up to 5,000,000 rupees, a fee of…

(ii)        For every 100,000 rupees of nominal share capital or part of 100,000 rupees, after the first 5,000,000 rupees, a fee of….

Provided that for registration of a company the total amount of fee to be paid shall not exceed ten million rupees.”

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