Unity Foods Limited was incorporated in Pakistan in 1991 as a private limited company under the Companies Ordinance, 1984 (now the Companies Act, 2017) and subsequently converted into a public limited company on June 16, 1991. The principal business activity of the company has been changed from yarn manufacturing to edible oil extraction, refining and … Read more
ISLAMABAD: The Companies Amendment Bill 2021 would promote improvement in the business climate of the country, a statement said on Tuesday. The recent amendments in the Bill would significantly promote start-ups, business innovation, entrepreneurship, and improve general business, it added. The Securities Exchange Commission of Pakistan in a statement said that the significant amendments include … Read more
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) asked the companies to submit information of their ultimate beneficial owners (UBOs) through filing of Form 45, required under Section 123A of the Companies Act, 2017, a statement said on Thursday. The commission will not impose any penalty on filing of overdue UBO Form 45, if … Read more
