Corporate & Fintech Regulation
SECP Marks 39,704 Non-Filer Companies 'Inactive by Registrar' Under Companies Act 2017: Banking Restrictions, Corporate Registry Clean-Up, and Compliance Remediation in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has marked 39,704 non-compliant companies as 'Inactive by Registrar' across Lahore, Islamabad, Karachi, and regional centers for failing to file statutory annual returns for four consecutive years, triggering immediate banking and corporate restrictions.
