SECP seeks comments on conversion of shareholding into book entry form

ISLAMABAD, May 7: In order to minimize shareholding disputes and make the entire process of holding, monitoring and transferring of shares much easier, cost-efficient and transparent, the SECP is considering a proposal requiring all the public listed, public unlisted, public interest and private limited companies to have their shares in book-entry form in compliance with Section 72 of the Companies Act, 2017.