Government of pakistan securities and exchange commission of pakistan notification

Page 30 of 54 
FORM I  
[see regulation 5(1)]
APPLICATION FOR PERMISSION TO FORM A CREDT RATING COMPANY  
Dated: _______________
To
The Securities and Exchange 
Commission of Pakistan, Islamabad.
Dear Sir,
We hereby apply for grant of permission under regulation 5 of the Credit Rating Companies
(Regulation), 2016, to form a Credit Rating Company under the name and style of * ----------------
----------------------------
The information and documents as required in the Annexure to this form duly verified and signed 
by all promoters and proposed directors 
48
[ ] and an affidavit by them as to the correctness of the 
details is submitted.
We undertake to keep this information up to date by communicating changes or modifications 
therein within fourteen days of such changes or modifications.
49
[omitted]
Yours faithfully,
------------------------
Verification by Oath 
Commissioner.
Name of the company
  
  
  
 
 
48
Deleted the text “along with five spare copies of this application” vide S.R.O. No.1223(I)/2019 dated October 10, 2019
49
Deleted the text “A receipt of rupees [(Rs._________)] being the processing fee, deposited in-------------- on -----------------------
is enclosed.” Vide S.R.O. No.1223(I)/2019 dated October 10, 2019

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Page 31 of 54 
ANNEXURE TO FORM I  
[see regulation 5]
  
INFORMATION TO BE SUPPLIED FOR OBTAINING  
PERMISSION TO FORM A CREDT RATING COMPANY  
AND SUBSEQUENT CHANGE IN DIRECTORSHIP AND CHIEF  
EXECUTIVE  
  
1. 
Full name, former name if any, father’s or husband’s name, nationality, residential and 
business address, national tax number, present occupation of each sponsor, proposed 
director, proposed chief executive and proposed chairman of the Board. (Institutional 
sponsors shall mention their names and addresses only instead of giving all these