In Appeal filed by Multinet Pakistan (Pvt.) Ltd. through Azam & Rai, the Lahore High Court suspends PTA's Enforcement Order

Sector: Telecommunication Laws
In First Appeal against Order (FAO) No. 323/2012 filed by Azam & Rai in the Lahore High Court, Lahore on behalf of Multinet Pakistan (Pvt.) Ltd. against the Pakistan Telecommunication Authority (PTA), the Lahore High Court has suspended PTA's Enforcement Order dated 30.06.2012. The Appeal is in relation to a dispute involving the payment of Access Promotion Contribution (APC) for the Universal Service Fund (USF) under the Access Promotion Regulation, 2005, pursuant to the Access Promotion Rules 2004 and the Pakistan Telecommunication (Re-Organization) Act, 1996.

Multinet Pakistan (Pvt.) Ltd., an Axiata (formerly TMI) Group Subsidiary, is one of 14 Long-Distance International (LDI) Licensees in Pakistan.

Multinet Pakistan (Pvt.) Ltd. is one of four LDI licensees, which Azam & Rai has represented before various High Courts in relation to the dispute involving the APC for USF regime. Five out of 14 LDI licensees have consulted Azam & Rai in this regard.

Azam & Rai obtains CVARS telecom license for foreign-owned telecom company

Sector: Telecommunication Laws
Azam & Rai has obtained a Class Value Added Registered Services (CVARS) license from the Pakistan Telecommunication Authority for Binbit Pakistan (Pvt.) Ltd., a telecom company owned by Mexico-based Spanish investors and associated with Binbit México SA de CV.

Azam & Rai engaged by Canadian energy company for its disinvestment from Pakistani joint venture

Sector: Corporate/M&A Law
Azam & Rai has been engaged by a Canadian energy company for legal advice on a closing transaction and drafting of a Share Purchase Agreement involving the sale of its PKR 166,580,040 worth of shares in a joint venture company in Pakistan to a leading Pakistani energy company.

Azam & Rai engaged by multinational IT company for procurement of Pakistani Work Visa for its CEO

Sector: Employment Law
Azam & Rai has been engaged by a multinational information technology company for procurement of a 2-year Pakistani Work Visa for its Chief Executive Officer.

Azam & Rai participates in IFC's Corporate Governance Dispute Resolution Workshop for Lawyers

Sector: Dispute Resolution
Azam & Rai lawyers, R.M.S. Azam and Warda Shafiq, participated in the “Corporate Governance Dispute Resolution Workshop for Lawyers” held under the auspices of the International Finance Corporation (IFC) (World Bank Group) at the Pearl Continental Hotel, Lahore on 5 April 2012.

Azam & Rai incorporates new company on behalf of foreign investors

Sector: Corporate Law
Azam & Rai has incorporated a new company, DEFAP International (Pvt.) Ltd., on behalf of foreign investors based in Denmark, New Zealand and Australia.

Azam & Rai engaged by leading US law firm, Greenberg Traurig LLP, for trademark registration services

Sector: Intellectual Property Laws
Azam & Rai has been engaged by a leading U.S. law firm, Greenberg Traurig LLP, for advice on Pakistan’s intellectual property laws and registration of a U.S. client’s trademark in Pakistan.