Business Desk
February 20, 2025
Prime Minister Muhammad Shehbaz Sharif chaired a key meeting of the Economic Advisory Council (EAC) on Wednesday, where members expressed […]
In an increasingly crowded digital landscape where content is king and creators often struggle for fair compensation, a recent accusation of intellectual property theft has ignited a conversation about ethical practices in the tech startup world. Waleed Ahmed Khan, a freelance writer and content creator, has publicly accused Haris Shahzad, the founder of the AI-powered […]
The Lahore High Court has partially overturned a lower court’s decision, significantly curtailing the ability of consumer courts to award legal fees incurred in higher judicial forums. The ruling, issued on May 29, 2025, by Justice Malik Waqar Haider Awan, stems from an appeal filed by Habib Metropolitan Bank Pakistan Limited against a judgment by […]
In a significant blow to M/s Indus Motors Company Limited, the High Court of Sindh at Karachi today dismissed its appeal to overturn the acquittal of former senior executive Tariq Mehboob Cheema. Mr. Cheema, accused of criminal breach of trust and fraud causing losses of over Rs. 8.5 million, has been fully acquitted, with the […]
Today, the High Court of Sindh at Karachi acquitted Ms. Priyanka Devi of a conviction under Section 471 of the Pakistan Penal Code (PPC), which pertains to using a forged document as genuine. The decision overturns an earlier judgment by the Additional Sessions Judge-II, Karachi (South), which had upheld Ms. Devi’s conviction but altered her […]
In a significant move for the Pakistani corporate landscape, the High Court of Sindh, Karachi, has sanctioned a complex Scheme of Amalgamation involving Beach Luxury Holdings (Pvt.) Ltd. and its associated companies, Spencer & Company (Pvt.) Ltd. and Physons (Pvt.) Ltd.. The order, issued on April 24, 2025, by Justice Adnan Iqbal Chaudhry, approves a […]
In a ruling that could ease the path for industrial development within its Special Economic Zones (SEZs), the High Court of Sindh at Karachi has sided with National Foods Limited, overturning earlier decisions that denied the company customs duty and sales tax exemptions on imported prefabricated building structures. The judgment, issued on May 12, 2025, […]
