Sector: Intellectual Property Laws
Azam & Rai has filed two trademark registration applications with the Intellectual Property Organization of Pakistan on behalf of Lahore International Medical Centre (Pvt.) Ltd. for the registration of its name and logo.
02 June 2009
29 May 2009
Azam & Rai briefs the Provincial Government of the Punjab on the legal aspects of Public-Private Partnership (P3) models for the healthcare sector
Sector: Investment Laws
Azam & Rai has briefed the Provincial Government of the Punjab on the legal aspects of Public-Private Partnership (P3) models for the healthcare sector. The brief is in relation to the proposed grant of land by the Punjab Government for the establishment of a 300-bed tertiary care general hospital in Lahore by a private company on the basis of public-private partnership.
Azam & Rai has briefed the Provincial Government of the Punjab on the legal aspects of Public-Private Partnership (P3) models for the healthcare sector. The brief is in relation to the proposed grant of land by the Punjab Government for the establishment of a 300-bed tertiary care general hospital in Lahore by a private company on the basis of public-private partnership.
28 May 2009
Azam & Rai engaged by Spanish law firm for filing trademark application on behalf of its client
Sector: Intellectual Property Laws
Azam & Rai has been engaged by a leading Madrid-based Spanish law firm for filing a trademark application with the Intellectual Property Organization of Pakistan for the registration of a trademark belonging to one of its clients.
Azam & Rai has been engaged by a leading Madrid-based Spanish law firm for filing a trademark application with the Intellectual Property Organization of Pakistan for the registration of a trademark belonging to one of its clients.
Azam & Rai files trademark registration application on behalf of Zenith Sports (Pvt.) Ltd.
Sector: Intellectual Property Laws
Azam & Rai has filed a trademark registration application with the Intellectual Property Organization of Pakistan on behalf of Zenith Sports (Pvt.) Ltd. for the registration of the name of its Faisalabad-based football club, namely "Club Athletico", which plays in the national league under the Pakistan Football Federation. Zenith Sports (Pvt.) Ltd. is owned by foreign investors from Germany, the United Kingdom, the United States and Canada.
Azam & Rai has filed a trademark registration application with the Intellectual Property Organization of Pakistan on behalf of Zenith Sports (Pvt.) Ltd. for the registration of the name of its Faisalabad-based football club, namely "Club Athletico", which plays in the national league under the Pakistan Football Federation. Zenith Sports (Pvt.) Ltd. is owned by foreign investors from Germany, the United Kingdom, the United States and Canada.
09 May 2009
Azam & Rai participates in IFC's and World Bank's 'Investing Across Borders' project
Sector: Investment Laws
Azam & Rai was invited by the International Finance Corporation (IFC) and the World Bank to participate in the Investing Across Borders (IAB) indicators project under the auspices of their Foreign Investment Advisory Service (FIAS). This global project benchmarks the ease of establishing and operating foreign-owned companies in countries across the world by evaluating their investment policy framework and its implementation in practice.
The IAB project aims to compare the quality of investment climates across countries, identify good practices in investment policy design and implementation, and stimulate and advise investment policy reforms. The IAB indicators are based on a survey of private sector practitioners – investment lawyers and consultants advising foreign investors – and combine an evaluation of the quality of laws and policies, and their implementation and enforcement in practice. Only a select number of firms - recognized as leading providers of legal and business advisory services to investors - were approached in each country.
The principal objective of the IAB project is to stimulate reforms leading to a more business-conducive, transparent and secure environment for foreign direct investment. The project is modeled after the Doing Business initiative of the World Bank Group (in which Azam & Rai also participated), which provides information on business regulation for domestic enterprises. Doing Business has inspired over 170 reforms worldwide and boasts one of the busiest databases with over 1.6 million online visits last year alone. It is intended that the IAB project will have a similar lasting positive effect.
Azam & Rai gave its input on the following:
(i) Investing in Sectors - measuring restrictions on foreign equity ownership in a variety of sectors in Pakistan.
(ii) Starting a Foreign Business - measuring the process for establishing subsidiaries of foreign companies in Pakistan's largest business cities.
(iii) Accessing Land - measuring the process of leasing land in Pakistan's largest business cities and examining land rights and land information available to investors.
(iv) Arbitrating Disputes - examining Pakistan's legal framework on domestic and international arbitration, enforcement of arbitration awards, and mediation.
Azam & Rai was invited by the International Finance Corporation (IFC) and the World Bank to participate in the Investing Across Borders (IAB) indicators project under the auspices of their Foreign Investment Advisory Service (FIAS). This global project benchmarks the ease of establishing and operating foreign-owned companies in countries across the world by evaluating their investment policy framework and its implementation in practice.
The IAB project aims to compare the quality of investment climates across countries, identify good practices in investment policy design and implementation, and stimulate and advise investment policy reforms. The IAB indicators are based on a survey of private sector practitioners – investment lawyers and consultants advising foreign investors – and combine an evaluation of the quality of laws and policies, and their implementation and enforcement in practice. Only a select number of firms - recognized as leading providers of legal and business advisory services to investors - were approached in each country.
The principal objective of the IAB project is to stimulate reforms leading to a more business-conducive, transparent and secure environment for foreign direct investment. The project is modeled after the Doing Business initiative of the World Bank Group (in which Azam & Rai also participated), which provides information on business regulation for domestic enterprises. Doing Business has inspired over 170 reforms worldwide and boasts one of the busiest databases with over 1.6 million online visits last year alone. It is intended that the IAB project will have a similar lasting positive effect.
Azam & Rai gave its input on the following:
(i) Investing in Sectors - measuring restrictions on foreign equity ownership in a variety of sectors in Pakistan.
(ii) Starting a Foreign Business - measuring the process for establishing subsidiaries of foreign companies in Pakistan's largest business cities.
(iii) Accessing Land - measuring the process of leasing land in Pakistan's largest business cities and examining land rights and land information available to investors.
(iv) Arbitrating Disputes - examining Pakistan's legal framework on domestic and international arbitration, enforcement of arbitration awards, and mediation.
04 May 2009
Azam & Rai advises major Pakistani media group on establishment of company limited by guarantee
Sector: Corporate Laws
Azam & Rai has advised a major Pakistani media group (owners of a major national news channel in Pakistan) - on the establishment of a company limited by guarantee.
Azam & Rai has advised a major Pakistani media group (owners of a major national news channel in Pakistan) - on the establishment of a company limited by guarantee.
27 February 2009
Azam & Rai obtains approval for a Class License for Value Added Services from the Pakistan Telecommunication Authority for Singapore telecoms company
Sector: Telecommunications Laws
Azam & Rai has obtained approval of a Class License for Value Added Services (VAS) from the Pakistan Telecommunication Authority (PTA) for the Pakistani subsidiary of a Singapore Stock Exchange-listed telecommunications company headquartered in Kuala Lumpur, Malaysia. The license approval enables the client to provide VAS to a major telecom company providing mobile telecom services in Pakistan.
Azam & Rai has obtained approval of a Class License for Value Added Services (VAS) from the Pakistan Telecommunication Authority (PTA) for the Pakistani subsidiary of a Singapore Stock Exchange-listed telecommunications company headquartered in Kuala Lumpur, Malaysia. The license approval enables the client to provide VAS to a major telecom company providing mobile telecom services in Pakistan.
06 February 2009
Securities & Exchange Commission of Pakistan more than doubles Company Registration Fees
Sector: Corporate & Investment Laws
The Securities & Exchange Commission of Pakistan (SECP), vide its Statutory Regulatory Order (S.R.O.) No. 119(I)/2009 with effect from 6 February 2009, has more than doubled the Company Registration Fees for all ranges of Authorized Capital.
After the said increase, a company with an authorized capital of Rs. 100,000 will be required to pay registration fees of PKR 9,000 instead of the previous PKR 3,300 whereas a company with an authorized capital of PKR 10 Million will be required to pay registration fees of PKR Rs. 108,000 instead of the previous PKR 40,300.
Furthermore, the previous ceiling of PKR 10 Million on company registration fees has been removed and is now unilimited depending on the authorized capital.
The SECP has also increased document filing fees from PKR 200 to PKR 1,000 per document.
This is the first such increase in company registration fees since 9 December 2003 and will increase the cost of doing business in Pakistan.
The Securities & Exchange Commission of Pakistan (SECP), vide its Statutory Regulatory Order (S.R.O.) No. 119(I)/2009 with effect from 6 February 2009, has more than doubled the Company Registration Fees for all ranges of Authorized Capital.
After the said increase, a company with an authorized capital of Rs. 100,000 will be required to pay registration fees of PKR 9,000 instead of the previous PKR 3,300 whereas a company with an authorized capital of PKR 10 Million will be required to pay registration fees of PKR Rs. 108,000 instead of the previous PKR 40,300.
Furthermore, the previous ceiling of PKR 10 Million on company registration fees has been removed and is now unilimited depending on the authorized capital.
The SECP has also increased document filing fees from PKR 200 to PKR 1,000 per document.
This is the first such increase in company registration fees since 9 December 2003 and will increase the cost of doing business in Pakistan.
01 January 2009
Azam & Rai again recommended by The Asia-Pacific Legal 500 as one of the leading firms in 'Banking and Finance' and 'Corporate and M&A'
For the fourth consecutive year, Azam & Rai has been recommended by The Asia-Pacific Legal 500 (A Guide to Asia’s Commercial Law Firms) as one of the leading law firms in the areas of Banking & Finance and Corporate/M&A in Pakistan. The Asia-Pacific Legal 500 is a UK-based organization, which ranks top law firms in the Asia-Pacific region and publishes its findings in an annual publication.
In the latest The Asia-Pacific Legal 500 (2008-2009 Edition), Azam & Rai is ranked amongst the top 22 law firms in the Banking & Finance sector and, once again, amongst the top 20 law firms in the Corporate/M&A sector in Pakistan.
In its commentary, The Asia-Pacific Legal 500 (2008-2009 Edition) states:
In the latest The Asia-Pacific Legal 500 (2008-2009 Edition), Azam & Rai is ranked amongst the top 22 law firms in the Banking & Finance sector and, once again, amongst the top 20 law firms in the Corporate/M&A sector in Pakistan.
In its commentary, The Asia-Pacific Legal 500 (2008-2009 Edition) states:
Though smaller than some rivals, five-lawyer Azam & Rai enjoys an excellent reputation for corporate and commercial advice to clients such as Saudi Pak Commercial Bank, Standard Chartered Bank, Stahl Holdings BV and Terraco Group, and provides 'personalised legal services’ and has 'an appreciation of a client’s commercial needs’. Rai Muhammad Saleh Azam is 'an incisive all-round lawyer who combines his experience of litigation and transactional work to provide very good commercial legal advice’.
02 December 2008
Pinsent Masons visits Azam & Rai
Mr. Richard Twomey (Senior Associate) and Mr. Stefan Paciorek (Partner) from the London office of Pinsent Masons - one of the world's leading law firms - visited the offices of Azam & Rai in Lahore and met with Managing Partner, Mr. R.M.S. Azam. The Pakistani legal sector was discussed along with matters of mutual interest, particularly in the field of international arbitration. The prospects of collaboration between the two law firms in relation to arbitration concerning Pakistani clients also came under discussion.
12 November 2008
Azam & Rai transfers website to new domain: www.azamrai.com
Azam & Rai has transferred its website from its previous domain at 'www.azam-rai.com' to its new domain at www.azamrai.com.
27 October 2008
Azam & Rai partner recommended by Chambers Asia 2009 and Chambers Global 2009
Azam & Rai partner, Mr. R.M.S. Azam, has been recommended by Chambers Asia 2009 and Chambers Global 2009 as one of the 'Leading Lawyers' in the corporate and commercial sectors in Pakistan.
Chambers Asia 2009, which ranks the leading lawyers of Asia and Chambers Global 2009, which ranks the leading lawyers of the world - are both publications of Chambers & Partners, London (http://www.chambersandpartners.com/), which annually ranks leading lawyers - regionally and globally.
Chambers Global is referred to by Chambers & Partners as the "directory of the most highly recommended lawyers world-wide."
Chambers lawyer rankings - universally recognized as one of the most credible and prestigious in the world - are based on independent research conducted by Chambers & Partners based on market reputation, which is guaged from in-depth interviews and feeback from clients and lawyers.
In its commentary, Chambers Asia 2009 states:
Chambers Asia 2009, which ranks the leading lawyers of Asia and Chambers Global 2009, which ranks the leading lawyers of the world - are both publications of Chambers & Partners, London (http://www.chambersandpartners.com/), which annually ranks leading lawyers - regionally and globally.
Chambers Global is referred to by Chambers & Partners as the "directory of the most highly recommended lawyers world-wide."
Chambers lawyer rankings - universally recognized as one of the most credible and prestigious in the world - are based on independent research conducted by Chambers & Partners based on market reputation, which is guaged from in-depth interviews and feeback from clients and lawyers.
In its commentary, Chambers Asia 2009 states:
Rai Azam is the “dynamic young lead lawyer” at Azam & Rai, which has built a strong reputation as a one-stop shop for foreign investors. Azam advises foreign clients on every stage of their investment into Pakistan and he has also developed particular expertise in IT.
15 October 2008
Azam & Rai incorporates Pakistan subsidiary of Singapore Stock Exchange-listed telecom company
Sector: Investment & Corporate Laws
Azam & Rai incorporated Unified Communications (Pvt.) Ltd. in Pakistan as a subsidiary of Unified Communications Pte. Ltd., a Singapore Stock Exchange-listed telecommunications company headquartered in Kuala Lumpur, Malaysia.
Azam & Rai incorporated Unified Communications (Pvt.) Ltd. in Pakistan as a subsidiary of Unified Communications Pte. Ltd., a Singapore Stock Exchange-listed telecommunications company headquartered in Kuala Lumpur, Malaysia.
01 September 2008
Azam & Rai (Lahore) and Kakakhel Law Associates (Peshawar) enter into strategic collaborative arrangement
As part of its strategic goal of becoming a 'national law firm' with offices in all the four provinces of Pakistan, Azam & Rai has entered into a strategic collaborative arrangement with Kakakhel Law Associates, one of the leading law firms in Peshawar, resulting in the opening of Azam & Rai's branch office in Peshawar and Kakakhel Law Associate's branch office in Lahore.
Peshawar is the capital of the North-West Frontier Province (NWFP), one of Pakistan's four provinces. With the opening of Azam & Rai's Peshawar office and Kakakhel Law Associate's Lahore office, Azam & Rai and Kakakhel Law Associates will become the only law firms in Pakistan with offices in both the cities of Lahore and Peshawar and the provinces of the Punjab and the NWFP.
Mian Muhibullah Kakakhel, Esq., Senior Advocate, Supreme Court of Pakistan, who heads Kakakhel Law Associates, Peshawar, will also head Azam & Rai's Peshawar office.
The Peshawar office will enable Azam & Rai to provide legal services to local and overseas clients who require legal services in Peshawar and the NWFP and to clients based in Peshawar and the NWFP who require legal services in Lahore and the Punjab.
Due to its proximity to Afghanistan and its location in one of the most important cities on the Afghan Transit Trade Corridor, the Peshawar office will also enable Azam & Rai to provide legal services related to the Afghan Transit Trade through Pakistan as well as to those clients interested in investing and doing business in Afghanistan who require international-standard legal services with local knowledge.
Peshawar is the capital of the North-West Frontier Province (NWFP), one of Pakistan's four provinces. With the opening of Azam & Rai's Peshawar office and Kakakhel Law Associate's Lahore office, Azam & Rai and Kakakhel Law Associates will become the only law firms in Pakistan with offices in both the cities of Lahore and Peshawar and the provinces of the Punjab and the NWFP.
Mian Muhibullah Kakakhel, Esq., Senior Advocate, Supreme Court of Pakistan, who heads Kakakhel Law Associates, Peshawar, will also head Azam & Rai's Peshawar office.
The Peshawar office will enable Azam & Rai to provide legal services to local and overseas clients who require legal services in Peshawar and the NWFP and to clients based in Peshawar and the NWFP who require legal services in Lahore and the Punjab.
Due to its proximity to Afghanistan and its location in one of the most important cities on the Afghan Transit Trade Corridor, the Peshawar office will also enable Azam & Rai to provide legal services related to the Afghan Transit Trade through Pakistan as well as to those clients interested in investing and doing business in Afghanistan who require international-standard legal services with local knowledge.
25 August 2008
Azam & Rai engaged to draft the Memorandum & Articles of Association for Luxembourg company - International Medical Centre Group S.A.
Sector: Corporate Laws
Azam & Rai has been engaged by clients based in Jeddah, Saudi Arabia to draft the Memorandum & Articles of Association for incorporation of a company in Luxembourg - International Medical Centre Group S.A.
Azam & Rai has been engaged by clients based in Jeddah, Saudi Arabia to draft the Memorandum & Articles of Association for incorporation of a company in Luxembourg - International Medical Centre Group S.A.
19 August 2008
Azam & Rai advises Dubai-based law firm on Pakistan's statute of limitations
Azam & Rai has advised Dubai-based law firm, Fichte & Co. (Legal Consultancy), on Pakistan's statute of limitations.
16 August 2008
Azam & Rai advises Singapore telecommunications company on investment climate and corporate legal/regulatory framework in Pakistan
Sector: Investment Climate & Corporate Laws
Azam & Rai has advised a Singapore Stock Exchange-listed telecommunications company on the investment climate and the corporate legal and regulatory framework in Pakistan as a prelude to its investment in the telecommunications sector in Pakistan.
Azam & Rai has advised a Singapore Stock Exchange-listed telecommunications company on the investment climate and the corporate legal and regulatory framework in Pakistan as a prelude to its investment in the telecommunications sector in Pakistan.
Cabinet approves draft Anti-Dumping Duties (Amendment) Ordinance, 2008: Anti-Dumping Appellate Tribunal Proposed
Sector: International Trade Law - Anti-Dumping
The Federal Cabinet of Pakistan has approved the draft Anti-Dumping Duties (Amendment) Ordinance 2008, seeking amendments in the Anti-Dumping Duties Ordinance, 2000. The new amendments propose the establishment of an appellate tribunal, headed by a retired judge of the Supreme Court of Pakistan, for hearing appeals against decisions of the National Tariff Commission (NTC) in anti-dumping cases.
The promulgation of this Ordinance will fill a vacuum that has always existed since 2000 as a result of the absence of an appeal mechanism with regard to the imposition of anti-dumping duties by the NTC.
The Federal Cabinet of Pakistan has approved the draft Anti-Dumping Duties (Amendment) Ordinance 2008, seeking amendments in the Anti-Dumping Duties Ordinance, 2000. The new amendments propose the establishment of an appellate tribunal, headed by a retired judge of the Supreme Court of Pakistan, for hearing appeals against decisions of the National Tariff Commission (NTC) in anti-dumping cases.
The promulgation of this Ordinance will fill a vacuum that has always existed since 2000 as a result of the absence of an appeal mechanism with regard to the imposition of anti-dumping duties by the NTC.
FBR considers decentralizing Sales Tax Registration
Sector: Taxation Laws
The Federal Board of Revenue (FBR) may delegate powers to regional collectors of sales tax to issue sales tax registration numbers and certificates from regional registration offices rather than through the Centralized Registration Office (CRO), Islamabad. This will expedite the process of obtaining sales tax registration numbers and certificates and will lessen the time and cost of doing business in Pakistan, thereby further encouraging both domestic and foreign investment in Pakistan.
The Federal Board of Revenue (FBR) may delegate powers to regional collectors of sales tax to issue sales tax registration numbers and certificates from regional registration offices rather than through the Centralized Registration Office (CRO), Islamabad. This will expedite the process of obtaining sales tax registration numbers and certificates and will lessen the time and cost of doing business in Pakistan, thereby further encouraging both domestic and foreign investment in Pakistan.
13 August 2008
SNGPL challenges ECC raw material price escalation formula in the Lahore High Court
Sectors: Energy Laws & Dispute Resolution
Sui Northern Gas Pipeline Limited (SNGPL) has challenged the decision by the Economic Co-ordination Committee (ECC) on raw material price escalation formula in the Lahore High Court. It has made the Oil & Gas Regulatory Authority (OGRA) a party to the petition for demanding the implementation of the ECC decision.
Sui Northern Gas Pipeline Limited (SNGPL) has challenged the decision by the Economic Co-ordination Committee (ECC) on raw material price escalation formula in the Lahore High Court. It has made the Oil & Gas Regulatory Authority (OGRA) a party to the petition for demanding the implementation of the ECC decision.
31 July 2008
Azam & Rai drafts tripartite software distribution agreement between Pakistani, British and Australian companies
Sector: Information Technology Laws
Azam & Rai was engaged to draft a tripartite value added distributer (VAD) agreement between a Pakistani software development company, a British software company and an Australian software distribution company for the non-exclusive distribution and sale in Australia of a software solution developed by the Pakistani software development company and its affiliated company in the United Kingdom.
Azam & Rai was engaged to draft a tripartite value added distributer (VAD) agreement between a Pakistani software development company, a British software company and an Australian software distribution company for the non-exclusive distribution and sale in Australia of a software solution developed by the Pakistani software development company and its affiliated company in the United Kingdom.
25 July 2008
Azam & Rai drafts share subscription agreements for Lahore International Medical Centre and LIMC Holdings Luxembourg
Sector: Corporate Laws
Azam & Rai drafted share subscription agreements for a Pakistani company, Lahore International Medical Centre (Pvt.) Ltd., and a Luxembourg company, LIMC Holdings Luxembourg.
Azam & Rai drafted share subscription agreements for a Pakistani company, Lahore International Medical Centre (Pvt.) Ltd., and a Luxembourg company, LIMC Holdings Luxembourg.
23 June 2008
Azam & Rai engaged by overseas investors to incorporate sports company in Pakistan
Sectors: Investment, Corporate & Sports Laws
Azam & Rai has been engaged by six overseas investors based in Canada, Germany and the United Kingdom for the incorporation of a sports company in Pakistan, which will oversee the establishment of one of the first private-sector corporate football clubs in Pakistan and will commercially promote sports in Pakistan generally.
Azam & Rai will also be providing general legal advisory as well as taxation law and intellectual property law services to the company.
Azam & Rai will also be providing general legal advisory as well as taxation law and intellectual property law services to the company.
Azam & Rai Partner Muhammad Asif Bhatti receives Pakistan Supreme Court license
Sector: Dispute Resolution
Azam & Rai Partner Muhammad Asif Bhatti has been enrolled as an Advocate of the Supreme Court of Pakistan by the Pakistan Bar Council, which entitles him to appear before the Supreme Court of Pakistan.
Mr. Bhatti was previously enrolled as an Advocate of the Lower Courts in 1993 and as an Advocate of the High Courts in 1995.
With this enrollment, Mr. Bhatti joins a select band of less than 2,000 lawyers in Pakistan who are entitled to appear before the Supreme Court of Pakistan. His enrollment gives Azam & Rai the ability to directly litigate before the Supreme Court of Pakistan.
Mr. Bhatti is an experienced and accomplished litigator and specializes in dispute resolution.
Mr. Bhatti was previously enrolled as an Advocate of the Lower Courts in 1993 and as an Advocate of the High Courts in 1995.
With this enrollment, Mr. Bhatti joins a select band of less than 2,000 lawyers in Pakistan who are entitled to appear before the Supreme Court of Pakistan. His enrollment gives Azam & Rai the ability to directly litigate before the Supreme Court of Pakistan.
Mr. Bhatti is an experienced and accomplished litigator and specializes in dispute resolution.
14 June 2008
Azam & Rai lawyers participate in "Long March" for the restoration of the Pakistani judiciary
Azam & Rai's lawyers participated in the nationwide "Long March" for the restoration of the Pakistani judiciary by travelling by road from Lahore to the capital, Islamabad, on 13 June 2008.
The call for the "Long March" was given by the Supreme Court Bar Association of Pakistan, together with all four Provincial High Court Bar Associations and 126 District Bar Associations all over Pakistan, to protest the delay in the reinstatement of almost 60 Supreme Court and High Court judges who were illegally and unconstitutionally deposed by General Pervez Musharraf on 3 November 2007 after the proclamation of emergency rule in Pakistan, which was subsequently lifted but without the reinstatement of the deposed judges.
On the night of 13/14 June 2008, more than 200,000 people, including lawyers and people from all walks of life, peacefully gathered in front of Parliament on Islamabad's Constitution Avenue to demand immediate the restoration of the deposed judiciary.
The call for the "Long March" was given by the Supreme Court Bar Association of Pakistan, together with all four Provincial High Court Bar Associations and 126 District Bar Associations all over Pakistan, to protest the delay in the reinstatement of almost 60 Supreme Court and High Court judges who were illegally and unconstitutionally deposed by General Pervez Musharraf on 3 November 2007 after the proclamation of emergency rule in Pakistan, which was subsequently lifted but without the reinstatement of the deposed judges.
On the night of 13/14 June 2008, more than 200,000 people, including lawyers and people from all walks of life, peacefully gathered in front of Parliament on Islamabad's Constitution Avenue to demand immediate the restoration of the deposed judiciary.
09 June 2008
Azam & Rai drafts first Convertible Debt Agreement for private limited company in Pakistan
Sector: Corporate Laws
Azam & Rai drafted a Convertible Debt Agreement for Lahore International Medical Centre (Pvt.) Ltd. – the first of its kind for a private limited company in Pakistan.
Azam & Rai drafted a Convertible Debt Agreement for Lahore International Medical Centre (Pvt.) Ltd. – the first of its kind for a private limited company in Pakistan.
02 June 2008
Ruqia Ismail joins Azam & Rai as an Associate
Ruqia Ismail joined Azam & Rai as an Associate on 2 June 2008. Prior to joining Azam & Rai, Ms. Ismail worked as an Associate at Rizvi & Rizvi (Advocates, Solicitors & Corporate Consultants), Lahore and Walker Martineau Saleem (Advocates & Legal Consultants), Lahore.
Ms. Ismail received her LL.B. from the Punjab University, Lahore and is enrolled as an Advocate of the Lower Courts with the Punjab Bar Council.
Ms. Ismail has experience and expertise in banking and finance, civil, commercial, corporate and intellectual property laws.
Ms. Ismail received her LL.B. from the Punjab University, Lahore and is enrolled as an Advocate of the Lower Courts with the Punjab Bar Council.
Ms. Ismail has experience and expertise in banking and finance, civil, commercial, corporate and intellectual property laws.
29 April 2008
Heroism of Pakistani Lawyers and Judges to be Honoured by the American Bar Association
The bravery of Pakistani lawyers who faced down baton-wielding police over threats to their country’s constitution, and judges who were fired or quit their posts will be honoured by the American Bar Association’s Rule of Law Initiative. The ABA has announced it is giving its annual Rule of Law award to “those lawyers and judges in Pakistan who demonstrated courage in upholding the rule of law in their country.”
The award will be formally made in August 2008 at the ABA Rule of Law luncheon, part of the ABA Annual Meeting in New York City. The honour has previously been bestowed to an array of world leaders and defenders of the rule of law over the ABA's 14-year history, including Vaclav Havel while he was president of the Czech Republic, U.S. Supreme Court Associate Justices Anthony Kennedy and Stephen Breyer, and the Committee of Voters of Ukraine.
Representatives from the Pakistani legal and judicial community will be invited to come to New York to accept the award on behalf of the Pakistani lawyers and judges who have championed the rule of law. The luncheon is set for August 9, 2008 at the New York Hilton.
Source: www.abanet.org/media
15 March 2008
Azam & Rai conducts due diligence for PKR 950 Million property transaction
Sector: Land, Property & Real Estate
Azam & Rai has prepared a due diligence report for a major national corporation as a precursor to a property transaction worth an estimated PKR 950 Million in Lahore.
12 March 2008
Azam & Rai participates in Seminar on 'Role of Lawyers in Helping Companies Implement Good Corporate Governance and Mediating Corporate Governance'
Sector: Corporate Regulatory Laws
As part of the Firm's continuing commitment to keep abreast of the latest legal developments, Mr. R.M.S. Azam, Partner, and Ms. Noveera Usman, Associate, participated in a Seminar on 'The Role of Lawyers in Helping Companies Implement Good Corporate Governance and Mediating Corporate Governance Disputes' held under the auspices of the International Finance Corporation (IFC) (World Bank Group) at the Avari Hotel, Lahore on 11 March 2008.
As part of the Firm's continuing commitment to keep abreast of the latest legal developments, Mr. R.M.S. Azam, Partner, and Ms. Noveera Usman, Associate, participated in a Seminar on 'The Role of Lawyers in Helping Companies Implement Good Corporate Governance and Mediating Corporate Governance Disputes' held under the auspices of the International Finance Corporation (IFC) (World Bank Group) at the Avari Hotel, Lahore on 11 March 2008.
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