Corporate law in Pakistan is dominated by the Companies Act, 2017 and SECP practice. Boards must meet, disclose related-party transactions, and file returns on time. Shareholders expect dividends, transfers, and meetings that follow the articles and the statute.
Mergers and acquisitions, joint ventures, and private equity style entries require due diligence on contracts, litigation, labour, and sector licences. The Competition Commission of Pakistan may need notice for certain concentrations. Getting that wrong can delay closing or create post-closing liability.
Directors owe duties of care and loyalty. We advise both companies and individual directors when decisions carry personal risk.
What We Handle
- Board governance, minutes, and delegation of powers under the Companies Act, 2017
- Annual and event-based SECP filings, including changes in directors and share capital
- Foreign investment entry structures, security filings, and shareholder arrangements
- Share transfers, buybacks where permitted, and private placement documentation
- Merger, amalgamation, and scheme of arrangement steps with SECP processes
- Legal due diligence for acquisitions and joint ventures
- Director and officer advice on conflicts, disclosures, and indemnities
- Competition Commission of Pakistan filings and risk review for reportable transactions
Our Approach
We read the company’s constitutional documents before we opine. Corporate answers depend on authorised share capital, classes of shares, and any shareholders’ agreement sitting alongside the articles.
For transactions, we issue a due diligence report that flags litigation, labour exposure, and missing regulatory approvals. We coordinate with tax counsel where valuations and withholding intersect.
Where the Competition Commission of Pakistan is engaged, we map turnover tests and exemptions honestly. False comfort helps no one.
Frequently Asked Questions
What is the most common SECP compliance mistake?
Late filing of returns and forms after a board change or allotment. Penalties accumulate. We set calendars tied to your board cycle.
Can a minority shareholder block a sale?
It depends on the articles, any shareholders’ agreement, and the Companies Act, 2017 provisions on class rights. We review the instruments and give a straight answer.
Do directors face personal liability?
In certain statutory breaches and in tort, yes. We explain exposure before you sign board minutes.
When does competition filing arise?
When thresholds in law and regulation are met for mergers or acquisitions. We assess early with your financials.
Call us or send a message. First consultation is free.