Islamabad-Pindi Metro contractor secures release of retention money from the High Court
April 5, 2023
We secured the release of our client’s retention money that was being withheld by RDA due to pending audit objections.
We secured the release of our client’s retention money that was being withheld by RDA due to pending audit objections.
ABS & Co team comprising of Sarjeel Mowahid, Isfandyar Haroon and Ali Asghar advised Sonica Plastics Industries in a multi-million-rupee insurance claim against Century Insurance Company Limited, including representing Sonica in proceedings before the Securities & Exchange Commission of Pakistan (Insurance Division).
We’ve advised Zood (ZoodPay I ZoodMall) on the launch of the first-ever instalment card by ZoodPay and Mastercard. The legal team was led by Samar Masood, Manahil Gilani and Natalia Najam from the Lahore office.
We have advised Goldfin Limited in succesfully obtaining regulatory approvals from the Securities and Exchange Commission of Pakistan (SECP) to form an NBFC.
Kingcrete Builders, one of Pakistan’s leading contractors, has appointed Lahore-based ABS & Co along with Islamabad-based, Sikander and Sherpao, as its legal counsels in its dispute with the Federal Government Employees Housing Authority (FGEHA).
We are pleased to share that ABS & Co’s team led by Samar Masood, Natalia Najm and Manahil Gilani advised the Electronic Certification Accreditation Council (ECAC) and the Ministry of Information Technology and Communication on the launch of the Public Key Infrastructure (PKI) for the National Root Certification Authority (CA). The team advised ECAC on bringing changes to the Electronic Transaction Ordinance 2002 and drafted regulations relating to crypto apparatus, accreditation service providers, security auditors that will facilitate the Public Key Infrastructure (PKI) in Pakistan.
The Ministry of Interior (MoI) has removed the names of all three directors of ZKB-Reliable JV from the Exit Control List (ECL).
ABS & Co advised Pakistan Railways and helped draft and negotiate the initial version of the Master Software Services and Consultancy Agreement signed between Pakistan Railways and TallyMarks Consulting Private Limited in a ceremony held in Islamabad.
ABS & Co acted as the transaction advisors on Waada Holdings (Pvt) Limited’s acquisition of MicroEnsure Pakistan (Pvt) Limited. This represents the second M&A transaction to have been concluded by ABS & Co’s lawyers in a space of a few weeks.
We’ve recently advised McDonald’s Pakistan on its brand integration and promotion agreement with the producers of The Legend of Maula Jatt.
Aiema Asrar and Fatima Midrar from ABS & Co’s Islamabad office were appointed amicus curiae by the Honourable Mr. Justice Jawad Hassan of the Lahore High Court, Rawalpindi Bench in a landmark judgement regarding fixation of maintenance under the Family Courts Act, 1964.
ABS & Co acted as the legal advisors to ZoodPay on its partnership agreement with NeemPro.
We’ve advised Lahore Central Business District Development Authority. Govt of Punjab on its auction of seven different plots in Lahore for a total price of approximately Rs. 34.89 billion.
ABS & Co successfully represented Alternative Energy Development Board (AEDB) before the Islamabad High Court in its dispute with Trident Energy Private Limited.
We’ve advised the SECP (Securities and Exchange Commission of Pakistan) on its recent decision to permit Peer-to-Peer (P2P) lending by amending the NBFC Regulations 2008.
We’ve successfully represented United Bank Limited in its recovery suit against Amtex Limited, a publicly listed company trading on the Pakistan Stock Exchange – PSX.
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