Security and Exchange Commission of Pakistan (SECP) has notified the Insurance Rules, 2017 pursuant to the Insurance Ordinance, 2000 read with the S.R.O. 708(I)/2009, dated 27.07.2009.
Since August the Khyber Pakhtunkhwa government has received 460 applications so far from prospective investors for new licences for mineral exploitation.
RIAALAW and Barker Gillette LLP merge to give global reach
The formation of the RIAA Barker Gillette Alliance creates a significant corporate and dispute resolution practice with presence in the UK, Middle East and Asia.
Non-resident companies: FBR issues separate procedures/conditions
The Federal Board of Revenue (FBR) has made it mandatory for non-resident companies (having no Permanent Establishment in Pakistan) to be registered to provide tax registration or incorporation document from relevant regulatory authorities of the foreign country.
Sitara Energy Wins Landmark Appeal Against FESCO After 7-Year Legal Battle
In a significant victory, Sitara Energy Limited successfully challenged FESCO's claim, potentially reopening the dispute for a fresh review. The NEPRA Appellate Tribunal ruled in favour of Sitara, overturning NEPRA's flawed tariff decision, and ordered a new evaluation within four months.
Expert witness in the Cayman Islands K-Electric dispute
Our Managing Partner Bilal Shaukat served as an expert witness on Pakistan law in the Cayman Islands Court for a case related to K-Electric, providing written opinion and testimony.
Pakistan Chapter of the Chambers Corporate M&A Guide 2023
RIAA Barker Gillette authored the Pakistan Chapter from the recently published Chambers Corporate M&A Guide 2023, which comprehensively examines the country's mergers and acquisitions legal framework, providing key insights for legal and finance professionals engaged in Pakistan's complex M&A landscape. The chapter covers key regulations, processes, due diligence practices, takeover laws, duties of directors, litigation trends and shareholder activism applicable to domestic and cross-border M&A transactions involving Pakistani companies.
