12-09-2010, 03:23 PM
Please see section 242 of the Companies Ordinnace 1984. As per sub-section 3 of this section only those private companies are exempted from submitting their accounts to registrar(SECP) which have a paid up capital of lesser than Rs. 7.5 million.
All private companies having a greater amount of paid up capital than this limit are obliged to submit their accounts.
Regards,
All private companies having a greater amount of paid up capital than this limit are obliged to submit their accounts.
Regards,
