SECP to facilitate the revival of distressed companies
The Securities and Exchange Commission of Pakistan (SECP), will facilitate the revival of distressed companies, has notified the Corporate Rehabilitation Regulations, 2019. The regulations, issued under section 41 of the Corporate Rehabilitation Act, 2018 (CRA) broadly cover procedures for maintenance of Penal of Insolvency Experts, manner of determination of remuneration of Insolvency Experts, and Code … Read more