Days and related concepts Flashcards
To wait for chairman of meeting
15 mins
To wait for quorum of meeting
30 mins
Daily availability of minutes of general meeting
2 hours
To submit proxy
48 hours
To apply for video link facility
07 days
SECP to send order of change in Registered office clause to registrar & Company
07 days
To notify the registrar to shift books of accounts
07 days
List of candidates of directorship to members, before general meeting
07 days
Opening of subscription after issue of prospectus
07 days
To send copy of minutes of general meeting to members (on request)
07 days
To file conflict of interest or lack of independence by Liquidator, after appointment
07 days
To propose a resolution in general meeting
10 days
Payment of Dividend
10 days
Minutes of Board Meeting to be sent to every director
14 days
Copy of Memorandum and Articles to Members (on request)
14 days
Filing intention to become director before general meeting
14 days
Appointment of Chief Executive and Chairman after Board election
14 days
Filling Casual Vacancy of Chief Executive
14 days
To conduct Poll
14 days
Report to Registrar by ANFP on revocation of license.
15 days
Filing of Special Resolution
15 days
Change in Registered Office
15 days
Alteration in Capital Clause
15 days
Filing financial statements to Registrar after AGM (unlisted company)
15 days
Filing consent of directors/chief executive to Registrar
after appointment
15 days
To submit Statement of Affairs to Official Liquidator
15 days
Commencement of book closure, after declaration of interim dividend.
15 days
Notice period before general meeting
21 days
Applying to Commission for approval of Prospectus, before publication
21 days
If directors don’t proceed to conduct EGM requisitioned by Members
21 days
Winding up of ANFP on acceptance of Report by Registrar
30 days
Appeal to Commission if registrar refuses Name or Registration of company
30 days
To declare invalid Shareholders’ Rights/Board Election/General Meeting
30 days
To file Order of Commission to Registrar (to change Registered Office
clause)
30 days
Alteration in Principal Line of Business Clause
30 days
Alteration in Articles
30 days
To rectify name on order of Registrar
30 days
Notify address to Registrar after incorporation
30 days
Proceed to conduct Fresh election of directors (on request of members)
30 days
Extension in AGM
30 days
Filing financial statements to Registrar after AGM (by listed company)
30 days
Preparation of 1st and 3rd quarter F/S
30 days
Number of directors to be fixed before general meeting.
35 days
Receipt from subscribers to be reported to Registrar after incorporation.
45 days
Apply to Commission to withhold dividend, after declaration.
45 days
Reservation of Name of company.
60 days
Validity period To issue Prospectus
60 days
Preparation of 2nd quarter F/S (half-yearly)
60 days
Report by Official Liquidator to Court.
60 days
Transfer of assets by ANFP on revocation of license.
90 days
To conduct EGM by members
90 days
To mention old name with new name (if name is changed)
90 days
To fill casual vacancy on Board by a listed company.
90 days
Assignment of office if director is absent from Pakistan.
90 days
To conduct subsequent AGM.
120 days
To conduct Statutory Meeting after commencement of business
180 days
Conduct of statutory meeting after incorporation.
09 months
To conduct first AGM
16 months
Imprisonment if chief executive failed to pay dividend
2 years
Tenure of Subsequent Directors and Chief Executive and Chairman.
3 years
Restriction on members/officers of ANFP.
5 years
Disqualification if chief executive failed to pay dividend.
5 years
Minimum experience for Independent Directors
5 years
To preserve minutes of Board Meeting in physical form.
10 years
To retain Books of Accounts.
10 years
Experience for appointment as Provisional Manager/Liquidator
10 years
To preserve minutes of General Meeting in physical form.
20 years
To preserve minutes of Board Meeting or General Meeting in electronic.
Permanentaly.
