On 20 June 2017, the Securities and Exchange Commission of Pakistan (SECP) published the Companies Act, 2017, which was signed into law by the president on 30 May 2017. The new law replaces the Companies Ordinance 1984 and is meant to facilitate the growth of the economy in general and the corporate sector in particular by providing simplified procedures for ease of starting and doing businesses. Additionally, a number of new reporting and other requirements are introduced. Some of the main c…