NA Standing Committee on Finance and Revenue holds its 54th meeting today

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PRESS RELEASE (NATIONAL ASSEMBLY SECRETARIAT)

Islamabad (4th March, 2021): 54th meeting of the National Assembly Standing Committee on Finance and Revenue was held today i.e. 4th March, 2021, at 09:45 a.m., in Committee Room No.7, Parliament House, Islamabad, under the chairmanship of Mr. Faiz Ullah, MNA.

2. The Committee discussed “The Corporate Restructuring Companies (Amendment) Bill, 2020). Mr. Jameel Ahmed, Deputy Governor, State Bank of Pakistan (SBP) and Mr. Muhammad Aurangzeb, President Bankers Association briefed the Committee about the requirements of said Bill. The Committee members have expressed their apprehensions regarding the implementation of this Act. The Deputy Governor, State Bank of Pakistan responded the questions raised by the Committee Members. After detailed discussion the Committee unanimously recommended that the said Bill may be passed by the National Assembly.

3. The meeting was attended by Mr. Amjid Ali Khan, Makhdoom Syed Sami-ul-Hassan Gillani, Mr. Faheem Khan, Dr. Ramesh Kumar Vankwani, Mr. Qaiser Ahmed Sheikh, Mr. Ali Pervaiz, Dr. Aisha Ghaus Pasha, Ms. Nafisa Shah and Ms. Hina Rabbani Khar, MNAs were attended the meeting. The meeting was also attended by the senior officers from M/o Finance, M/o Law and Justice, State Bank of Pakistan and Security Exchange Commission of Pakistan.

(AMIR OMER MALIK)

Secretary Committee

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