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Channel: Kazim Raza Rizvi, Author at CustomsNews.pk Daily
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Mere registration of a company doesn’t confirm the right to collect investments: SECP

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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has clarified that mere registration of a company with SECP does not authorize acceptance of deposits from general public. Deposit taking by companies other than banking companies is illegal in terms of section 84 of the Act. Financial services including car... Continue reading

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