The table below illustrates the taxes that are imposed on properties for filers. We have made this table with the assumption that the parties are on the Active Taxpayers List and file their taxes on time.

We’ve advised on the launch of Pakistan’s latest communication satellite PAKSAT MM1. ABS & Co’s lead by Amna Warsi and Ayasha Warsi, who lead the practice group on aviation law, have successfully advised the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) on the launch of Pakistan’s latest communicate satellite PAKSAT MM1. This is the second satellite launched by Pakistan.

In a groundbreaking deal for Pakistan’s tech sector, ABS & Co acted as transaction advisors to TallyMarks Consulting (TMC) Private Limited on its acquisition of Siemens Pakistan’s ERP Business. As part of the deal, TMC has acquired Siemens Pakistan’s SAP ERP reselling business. By integrating Siemens’ seasoned SAP team, TMC has further strengthened its position as one of the market leaders in Pakistan and the region’s SAP industry for digital transformation solutions.

In Pakistan, the execution of foreign judgments is regulated under the Code of Civil Procedure, 1908 (“CPC”). The CPC provides three different options for the enforcement and execution of foreign judgments in Pakistan. This includes (1) direct execution under section 44-A of the CPC where the country rendering the judgment is recognized as a “reciprocating territory”, (2) filing a separate suit in Pakistan on the basis of a foreign judgment under section 13 of the CPC by using the foreign judgment as an independent cause of action; and (3) filing a separate suit on the original cause of action based on the principle that till decree is not satisfied, the cause of action remains intact.

Majid Bashir, partner at ABS & Co's Islamabad office, has been elected as the new president of the Islamabad Tennis Association. The meeting of the association was held under the chairmanship of President & Chairman, Tariq Mehmood Murtaza. Majid Bashir was elected as the new president for his outstanding services and leadership role.

Founding Partner of ABS & Co, Ahmer Bilal Soofi, spoke at a seminar titled “The Qur’anic Covenant on Alternative Dispute Resolution” during the Riyadh International Disputes Week as part of the series organized by Al-Barak Forum.

Islamabad High Court strikes down section 7-E of Income Tax Ordinance 2001. Our team consisting of Sabila Daraz Khan, Aiema Asrar and Fatima Midrar successfully brought a challenge to the vires of the section 7E of the Income Tax Ordinance 2001. ABS & Co's team represented private clients in several petitions before the Islamabad High Court where section 7E of the Income Tax Ordinance had been challenged on the basis that it is ultra vires to the Constitution of Islamic Republic of Pakistan, 1973.

Usman Jillani speaks with Case by Case on property and real estate disputes in Pakistan's courts. Usman is a partner at ABS & Co's office in Islamabad where he co-heads the litigation practice. On this podcast, Usman spoke with Case by Case on the ins and outs of land law in Pakistan. The discussion covers boundary and demarcation disputes to inheritance disputes and other common pitfalls that often trip up landowners.

We are thrilled to announce that the first mediation of its kind in a family matter was led ABS & Co's Barrister Zainab Nasir Khan.

We've successfully advised i3RL, a software development house based in Pakistan, on achieving General Data Protection Regulation (GDPR) compliance. i3RL provides innovative software solutions and services over Microsoft and Android technologies. Its products benefit companies who wish to gain a competitive edge over other companies.

We've advised the owners of Quetta Gladiators on a partial sale of their equity stake in the PSL franchise to a Qatar-owned entity. ABS & Co, led by Samar Masood, acted as transaction advisors for the acquisition of shares by JTA Int'l Investments in Quetta Gladiators. The transaction marks the first ever acquisition of any PSL team by a foreign company. The deal was announced in a ceremony conducted at the Pearl-Continental Hotel in Lahore ahead of the 9th edition of the Pakistan Super League (PSL).

ABS & Co represented Habib Rafiq (Private) Limited with respect to the drafting and negotiation of a historic Memorandum of Understanding (MOU) with DHA Quetta for the development of a real estate project in DHA Quetta. Our team advising HRL comprised of Salman Hanif Rajput, Ahmed Reza Mirza, Hamza Mukhtar and Khadeeja Ahmad.

In a landmark decision, the Lahore High Court's Pindi bench has developed the doctrine of "ENE" (Early Neutral Evaluation) in a petition filed by ABS & Co that has resulted in the successful acquisition of the company and a resolution of shareholder disputes.

Our partner appeared as an expert witness in a court (Bortgarting Court of Appeal) in Norway over a property dispute.

District Court has dismissed two appeals filed by the landlords seeking the eviction of McDonald's under the Punjab Rented Premises Act 2009.

ABS & Co is advising Faisalabad Downtown, a major real estate developer, on the legal aspects of its development plans for the construction and development of a commercial downtown in Faisalabad.