Dec 31: last day of SECP CRS, CEES

ISLAMABAD: The amnesty schemes launched by the Securities and Exchange Commission of Pakistan (SECP), i.e., the Companies Regularization Scheme (CRS) and Companies Easy Exit Scheme (CEES) shall close on Friday, December 31.

These schemes were initially operative for three months, from July to September. On public demand these schemes were extended initially to October and then to November. Now they have been finally extended to December 31, vide its circular No 27 of 2010, placed on the SECP website. The fees structure in terms of S.R.O. 996(I)/2010 of October 26 shall apply.
The companies are earnestly advised to benefit from the schemes within the stipulated time, by either regularizing through filing of their overdue returns under the CRS or strike their companies off the register under the CEES.
This is the last and final extension and no further extension shall be granted. A strict action shall be initiated against the defaulter companies, after the closing of the schemes. -Online

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Posted in: CEES,companies,Companies Regularization Scheme,CRS,day,December,Exchange Commission,Islamabad,SECP

Quaid Day observed with renewed pledges

Special Correspondent/ Agencies

KARACHI: The nation celebrated the 135th birth anniversary of the founder of Pakistan Quaid-e-Azam Mohammad Ali Jinnah with national spirit and enthusiasm on Saturday and with a pledge to sacrifice lives for sovereignty and territorial integrity of the country, besides giving equal response to enemy in case of war and making Pakistan strong and prosperous in line with the wishes and vision of father of the nation. The day was declared a public holiday in Pakistan and Azad Jammu and Kashmir (AJK).

The day dawned with special prayers in mosques for the soul of the great leader Quaid-e-Azam Mohammad Ali Jinnah and prosperity and development of the country.
A 31-gun salute in the Federal Capital and 21-gun salutes in provincial capitals given to the Founder of Pakistan. National flag hoisted atop government and semi-government buildings.
The representatives of three services (Army, Navy and Air Force) laid floral wreaths on behalf of their respective services at the mausoleum of the Quaid in Karachi.
Number of political, social, cultural and educational organizations held programmes to mark the occasion in a befitting manner. Radio and television aired special programmes on the life, ideals and achievements of Quaid-e-Azam.

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Posted in: Ali,Azam,country,day,Fateha,father,floral wreath,Founder,Khan,Pakistan,President,Quaid Day