Please refer to BSD Circular No.05 of 2006 dated April 20, 2006 regarding the above.

2.      In supersession of the Circular referred above, the banks/DFIs, incorporated in Pakistan, shall submit certified copies of the minutes of meeting of their Board of Directors (BoD) and the General Meetings /Extra Ordinary General Meetings (AGMs/EOGMs), within twenty one days of the date of the meeting to the Director, Off-site Supervision and Enforcement Department, State Bank of Pakistan, Karachi. It may be ensured that the minutes also contain the details of matters decided/resolved through circulation. The minutes may be forwarded in the form of hard copies, duly certified by the company secretary along with soft copies on a floppy diskette/compact disk.

3.       Please acknowledge receipt.