Our team represents public and private banks, leasing and insurance companies and other such non-banking financial and microfinance institutions on a range of contentious and non-contentious matters. This includes advising lenders as well as borrowers on structuring and executing financing arrangements, restructuring of finance, conducting due diligence, reviewing and inspecting securities and where the matter ends in court, initiating recovery or bankruptcy proceedings. Habib Bank AG Zurich, National Bank of Pakistan, Habib Bank Limited, Askari Bank, MCB Bank, Commercial Union Insurance Company, Pakistan Microfinance Investment Company, Saudi Pak Industrial and Agricultural Investment Company, LTV Leasing Corporation, PICL Leasing Company, Pacific Leasing, Inter Asia Leasing Co, Al-Zamin Leasing and First Leasing Corporation are some of the leadings banks and NBFCs that we have worked for.

Our banking and finance team also advises on corporate finance, leveraged finance, public and private placement of shares and other modes of financing business activities. In the past, we have paired lawyers from our corporate and commercial and dispute resolution practice to advise business conglomerates such as the Deewan Group on restructuring their liabilities for revival of business operations.

Some of our key work highlights include advising:

• Bank of Punjab in advising on the use of digital signatures for the authentication of documents submitted to the State Bank of Pakistan
• Xpress Money on the authorization and licensing requirements for providing money remittance services in Pakistan under its recent foreign exchange regulations
• Electronic Certification Accreditation Council in drafting the regulations under the ETO 2002 for the accreditation of local and foreign certification service providers, regulation of cryptography services, security procedures etc. in the issuance, management etc. of digital certificates
• National Bank of Pakistan on the security documentation required for creation and registration of equitable mortgages in the province of KP
• Prosper Technologies on the licensing of its APIs for open banking and to allow integration with the systems of financial institutions
• Deewan Group on the restructuring of its liabilities arising from an inter-creditors agreements and multiple syndicated finance facilities
• Tez Financial Services on the development of financial products
• Goldfin in obtaining the permission to form an NBFC to carry on the basis as an Investment Finance Services company
• Airlink Communication in relation to a JV for raising additional capital for the business of import/export of mobile phones/tablets
• Quaid-e-Azam Thermal Pvt. Ltd. on conversion of Working Capital Equity into Sponsor Loan, issuance of Debt Service Reserve Account Stand-by Letter of Credit, and negotiating a sub-ordinated loan agreement with the Government of Punjab
• Securities and Exchange Commission of Pakistan (SECP) on the regulations for peer-to-peer lending using digital platforms
• A leading electronics company on the structuring and implementation of a Shariah-compliant working capital facility, utilizing a combination of Istisna and Wakalah arrangements for a total deal value of approximately 520 million.
• A leading retail company on the structuring of working capital financing under a Murabaha facility
• A leading textile group on the structuring of two Shariah-compliant Islamic financing facilities based on Diminishing Musharaka in excess of 600 million and 400 million each, in connection with the acquisition of land for the development of a manufacturing plant
• Stylers Int’l Limited in connection with its rights offer on the Pakistan Stock Exchange (PSX) for raising PKR 2 billion in capital in a transaction where Meezan Bank and Topline Securities acted as the underwriters to the issue