ISLAMABAD :  SECP is organising a roundtable conference with external stakeholders to finalise the draft Corporate Rehabilitation Act, 2013. It will be held at a hotel in Lahore on Thursday (December 12).  Senior representatives of the chambers of commerce and industry, top business groups, the Lahore Stock Exchanges and eminent experts will participate in the roundtable.

The proposed Corporate Rehabilitation Act (CRA) has been drafted after considering a number of corporate rehabilitation models worldwide. The proposed law seeks to provide for the rehabilitation, reorganisation and restructuring of distressed corporate entities and their businesses so as to encourage economic growth and development. The draft of the CRA is available on the SECP website.