RIAA advises Valor Hospitality on luxury hotel management deal
RIAA Barker Gillette successfully advised Valor Hospitality Middle East DMCC on negotiating and executing a complex hotel management agreement for a 5-star internationally branded hotel in Pakistan. The transaction marks a significant entry into Pakistan's luxury hospitality sector.
RIAA’s Pakistan law advice helps protect $90m award in UK court win
RIAA Barker Gillette provided crucial Pakistan law expertise supporting an anti-suit injunction in the English Court of Appeal, protecting a US$90 million arbitration award for Star Hydro Power Limited.
RIAA Barker Gillette secures major workplace harassment decision
RIAA Barker Gillette successfully represented a female government employee in a groundbreaking sexual harassment case that resulted in upholding dismissal of a civil servant.
RIAA advises on acquisition of Uch Power Plants in Pakistan
RIAA Barker Gillette successfully advised Sapphire Fibres Limited and Mindbridge (Private) Limited in their acquisition of the Uch Power plants with combined capacity of 990MW. The cross-border power sector acquisition marks a key development in private sector investment in Pakistan’s power sector.
RIAA secures victory in landmark input tax adjustment case
RIAA Barker Gillette successfully resolves tax dispute for multinational client, setting precedent on input tax adjustments for services received by Pakistani businesses from non-resident service providers.
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2017 (“2017 Rules”) were promulgated by the Securities and Exchange Commission of Pakistan on 9 February 2017, which repealed the Insurance Rules, 2002 (“2002 Rules”) and the Securities and Exchange Commission (Insurance) Rules, 2002 (“SEC Rules”).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The Companies Ordinance, 2016 (the “2016 Ordinance”) was promulgated on 11 November 2016 and repealed the Companies Ordinance, 1984 (the “1984 Ordinance”), save for the provisions appearing in Sections 282A to 282N of the 1984 Ordinance relating to Non-Banking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.
