A Vessel Renamed, Reflagged and Sold — and Still Arrested in Karachi
A bulk carrier carrying a Zanzibar developer’s cargo was renamed, reflagged and sold mid-dispute. RIAA Barker Gillette secured a ship arrest in the Sindh High Court and the security its client needed.
Shahmeer Naveed Arshad Joins RIAA Barker Gillette as Partner
RIAA Barker Gillette has appointed Shahmeer Naveed Arshad as a Partner in its Lahore office, strengthening the firm's national practice across corporate, real estate, banking and finance, and dispute resolution.
RIAA completes national review of higher education governance in Pakistan
RIAA Barker Gillette has completed a national review of higher education governance in Pakistan. The work formed part of the Higher Education Development in Pakistan (HEDP) project. The Higher Education Commission (HEC) ran the project, with World Bank support. For years, the sector has debated how much independence universities should hold, and how to exercise it […]
Court compels Registrar of Firms to record partner expulsion
RIAA Barker Gillette has secured a first-of-its-kind judgment from the Lahore High Court on the role of the Registrar of Firms. The Court confirmed that the Registrar must record a notified change in a firm's constitution, including a partner's expulsion, regardless of any underlying dispute.
RIAA Advises Gul Ahmed Energy on Pakistan Data Centre Project
RIAA Barker Gillette is advising Gul Ahmed Energy Limited (GAEL) on the development of a TIER III/Rated-3 data centre through its subsidiary, Quantum Global Data Centre Limited (QGDCL). The engagement spans corporate structuring, technology zone regulation, project contracts and strategic investment advisory.
Advising a global technology company on Pakistan market entry
RIAA Barker Gillette advised a leading global consumer technology company on its potential Pakistan market entry. The advice spanned telecommunications regulation, corporate structuring, digital policy and consumer electronics compliance.
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2017 (“2017 Rules”) were promulgated by the Securities and Exchange Commission of Pakistan on 9 February 2017, which repealed the Insurance Rules, 2002 (“2002 Rules”) and the Securities and Exchange Commission (Insurance) Rules, 2002 (“SEC Rules”).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.