Importance of a name – RIAA wins dismissal of PKR 425 million suit
At the heart of civil litigation lies the fundamental concept of legal personhood. This principle was recently put to the test in a high-stakes case before the Sindh High Court, where RIAA Barker Gillette secured a significant victory for Attock Cement Company, a major cement manufacturer, in a suit for recovery of over PKR 425 million brought by an EPC contractor.
RIAA Defends Leading Battery Manufacturer in Tax Fraud FIRs
RIAA Barker Gillette is representing a leading automotive battery manufacturer, one of the five sectors targeted by the Federal Board of Revenue (FBR) in tax fraud FIRs. The firm has secured pre-arrest bail for the CEO and directors, post-arrest bail for arrested employees, and is pursuing summary acquittal based on jurisdictional and other grounds.
Sindh High Court grants injunction in shipping shortage claim case
The Sindh High Court's interim injunction restraining civil courts from adjudicating shipping shortage claims could reshape Pakistan's shipping litigation landscape, addressing the proliferation of such claims.
RIAA challenges denial of concessional customs duty for pharma industry
RIAA Barker Gillette represents leading multinational pharmaceutical company in a complex customs duty dispute over concessionary rates for imported materials used in toll manufacturing of a widely-known over-the-counter medicine.
SBP Penalty Challenged: Court Grants Injunction in Import Case
RIAA Barker Gillette obtains interim injunction against State Bank of Pakistan penalty, emphasizing due process in foreign exchange regulations during Pakistan's economic crisis, as an exception to the ouster clause in FERA 1947.
The Insurance Rules 2017 – Comparison with Insurance Rules 2002 and the Securities and Exchange Commission (Insurance) Rules 2002
The Insurance Rules, 2017 (“2017 Rules”) were promulgated by the Securities and Exchange Commission of Pakistan on 9 February 2017, which repealed the Insurance Rules, 2002 (“2002 Rules”) and the Securities and Exchange Commission (Insurance) Rules, 2002 (“SEC Rules”).
Increasing tax revenues has proven to be a significant challenge for recent Pakistani governments. The stagnation of the tax to GDP ratio to around 10 percent has widely been attributed to a host of inter-connected factors including weak enforcement, fragmented revenue administrations, low compliance by taxpayers, generous and distortionary exemptions and concessions to entire sectors of the economy and narrow tax bases.
Memorandum on Companies Ordinance, 2016 – Salient Changes
The Companies Ordinance, 2016 (the “2016 Ordinance”) was promulgated on 11 November 2016 and repealed the Companies Ordinance, 1984 (the “1984 Ordinance”), save for the provisions appearing in Sections 282A to 282N of the 1984 Ordinance relating to Non-Banking Finance Companies. This memorandum outlines the material changes brought about by the 2016 Ordinance.
