Securities And Exchange Commission Of Pakistan

Company Law Division Registration Department

No.CLD.602(180)RCP/2000-

Islamabad, the 30^th January, 2004

Circular No. 7/ 2004

Subject:             Authentication of Statutory Returns

Keeping in view of the practical difficulties being faced by the companies regarding filing of statutory returns prescribed under the Companies (General Provisions and Forms) Rules, 1985 only under the signatures of the company's chief executive or secretary, the issue has been examined in the light of the provisions of the Companies Ordinance, 1984. It has been noticed that since Section 51 of the said Ordinance allows authentication of a document by the chief executive or a director or secretary, the documents/returns filed under the signature of a director of the company may be accepted for registration in future.

( Nazir Ahmed Shaheen ) Additional Registrar (HQ)

Distribution

All Company Registration Offices.

All Officers of SEC.

Copy to:

(i)     The President, Institute of Chartered Accountants of Pakistan, Karachi.

(ii)    The President, Institute of Cost & Management Accountants of Pakistan, Karachi,

(iii)   The President, Federation of Pakistan Chamber of Commerce and Industry, Karachi.

(iv)   The Presidents, All Chambers of Commerce and Industry, (v)    All firms of Chartered Accountants / Cost and Management Accountant.