Form 29 of the Securities and Exchange Commission of Pakistan (SECP) is a statutory form used to report specific changes related to the officers of a company. Under Section 197 of the Companies Act, 2017, Form 29 is required to be filed for the following purposes:
- Appointment of Officers: This includes the appointment of directors, the chief executive, company secretary, chief financial officer, auditors, and legal advisers after the company’s incorporation.
- Cessation of Officers: This covers situations where officers cease to hold their positions due to resignation, removal, death, or any other reason.
- Changes in Particulars: Any changes in the details or particulars of the company’s officers must be reported. This could include changes such as a new name or a change in residential address.
Form 29 must be filed within 15 days from the date of any such appointment, cessation, or change in particulars. Timely filing is crucial to ensure compliance with SECP regulations and to avoid any potential penalties for late submissions.