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Monday, October 11, 2021

The Supreme Court Of Pakistan law Clerkship Application Ask Wakeel . Pk

 

Supreme Court

The Supreme Court of Pakistan is the highest court of appeal in the country and a court where all other avenues have been exhausted. It is the final authority Immigration Lawyer in Pakistan on legal and constitutional matters. Its orders and decisions also affect other courts in the country. All administrative and judicial bodies are likely to act with the assistance of the Supreme Court. The constitution defines in detail the establishment, jurisdiction, powers, and functions of the Supreme Court.

Closely related are the requirements and manner of appointment of judges, the time of retirement, the grounds and manner of dismissal, and the conditions of employment of judges.

Function

The Supreme Court has original jurisdiction, appellate jurisdiction, and investigative jurisdiction. It has original jurisdiction to decide intergovernmental questions between the federal and state governments or between state governments. Under this power, the Supreme Court makes final decisions. The Supreme Court may also exercise original jurisdiction over the granting of fundamental rights where the issue is of public interest.

The Supreme Court also exercises the power of caveat emptor, whereby the President may seek the opinion of the Supreme Court on a question of law. The Supreme Court, by its appellate jurisdiction, decides appeals from orders and decisions of the High Courts and other individual courts.

How is the Supreme Court constituted?

The constitution provides for the autonomy of the judiciary and its separation from the executive branch. The Constitution imposes an unprecedented duty on the Supreme Court to maintain harmony and coordination among the three pillars of government: the legislature, the executive, and the judiciary. As the guardian of the Constitution, the Supreme Court must preserve, protect and defend this important document.

The Supreme Court was created by the 1956 constitution as the successor to the Union Court of India, created in 1948, which replaced the Union Court of India, created in 1937. The Supreme Court, established in 1956, has retained its name and jurisdiction since the promulgation of the constitution in 1973 and other legal developments.

The Constitution of 1956

The 1956 constitution provided that the seat of the Supreme Court would be in Karachi and that the Chief Justice of Pakistan could be elected elsewhere with the approval of the President. The Supreme Court was initially located in Karachi, but was later moved to Divorce & Lawyer In Pakistan Lahore and installed in the Supreme Court building; the 1973 constitution established the permanent seat of the court in Islamabad. However, lack of funds hampered construction: in 1974.

The court was moved from Lahore to Rawalpindi and housed in a propaganda building called East Pakistan House; in 1989, funds were allocated for a new building in Islamabad and construction began in 1990. The construction was completed and on December 31, 1993, the Tribunal moved into its new headquarters in Islamabad.

The existing building

The present building stands majestically as an extension of Constitution Avenue in the federal capital. Its white marble exterior is a testament to the strength of the institution, which upholds the law and order of the country as well as constitutional norms. The open façade is a blend of Islamic and Japanese architectural traditions and emphasizes the importance of education, transparency, and equality before the law, recognized goals of the judiciary in Pakistan.

The court also has branches at its headquarters in each of the four provinces. Cases are registered in the registers of the headquarters and the branches. The judges of the Tribunal deal with cases alternately at the seat and the branches. Given the breadth of the Court's jurisdiction, easy and quick access to a court close to home is an exceptional way to attract litigants.

 

Companies General Provisions And Forms Regulations Ask Wakeel .Pk

Single Member Company

A Single Member company (SMC) is a private company with only one member or director and the benefits of limited liability. Subject to special amendments, all the provisions of the Companies Ordinance 1984 which apply to limited liability companies also apply Property Gift Deed Pakistan to sole traders. The introduction of the sole proprietorship concept has the advantage of making it easier to obtain sole proprietorship status and limiting the liability of owners.

Each engagement requires the appointment of a partner/administrator, one to act as nominee administrator in the event of the death of one of the partners/administrators and the other to act as alternate nominee administrator in the absence of the nominee administrator, and two company secretaries must be appointed. This makes it easier for sole proprietorships to obtain corporate status. Each of these preferences is granted to a partner/director. 

In 2003, with the Associated Sole Proprietorship Rule, the SEC first allowed individuals to create a small business by converting an unregistered corporation into a limited liability company. The registration of this type of company is governed by the provisions of the Companies Act of 2017.

What is a Sole Proprietorship?

A sole proprietorship (also known as a "Sole Trader") is a business run by a single person. It has no legal personality of its own and the owner is responsible Bank & Finance for all profits and losses of the business. The owner also has overall control of the business and all its debts and obligations. The owner is the official decision-maker and is not hindered in any way. Corporate taxes are paid by the owner personally through a government form. Rates are low for sole proprietors.

Benefits

The advantages of this company are: members do not have partners in the company, so there is no risk of disputes as is often the case with private companies; it protects the sole proprietor from unlimited personal liability and limits the liability to the company funds. AskWakeel.pk is They manage the registration of several sole proprietors in Pakistan and have experience in this field. They can meet all the requirements of the company such as filing annual reports and various other requirements. 

The main benefit that you will get from our services is that you will be able to grow your business while achieving successful results. The biggest obstacle in this type of business structure is the unlimited liability of the owner, which makes him/her responsible for any claims and various liabilities that may arise.

Registration of a sole proprietorship in Pakistan

AskWakeel.pk has dealt with various registrations of single member companies in Pakistan. Ask Wakeel. pk is a member company of health and care-related businesses, real estate related businesses, clothing-related businesses, furniture-related businesses, electronics-related businesses, computer-related businesses, service Oriented-related businesses, travel and tourism-related businesses, construction related businesses, manufacturing related businesses.

Interior design related businesses, event management-related businesses, and wedding decorating related businesses.


SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN ASK WAKEEL . PK

 

Setting up a Private Limited Company

The best known and most common form of company formation is the limited liability company. The structure of a limited liability company protects its members and limits the liability of all members to the amount invested in the capital. The first step is to choose a name and make sure that name is also registered in the commercial registry. Once you have chosen a name, you need to define your objectives in an association protocol. You will also need a memorandum and articles of association for the proposed corporation.

 These documents will outline how the proposed corporation Real Estate & Transfer of Property Laws will operate, including how meetings will be held, quorum, powers of directors, elections, and shareholder meetings. Our friendly experts will register your corporation in no time - to speak to an Ask Wakeel expert for a timeline and quote, please contact us below. A limited liability company must have at least two directors. To start the process, you must have a business address in Pakistan.

Services offered

At AskWakeel.pk, we regularly help our clients to register their companies in Pakistan according to the business requirements of the emerging markets. Registering a limited liability company has several advantages over other types of companies. Here are the step-by-step instructions to register a limited liability company in Pakistan:

 E-SERVICES REGISTRATION

The first step is to register your company on the Securities and Exchange Commission of Pakistan's e-service portal. This is a process of registering your identity and some basic information such as your phone number, mobile number, and email address. For foreign nationals of Pakistan, in addition to the above information, they will also have to provide their passport details and photo. Once the application is completed, a pin code will be sent to your mobile number and email address twice for verification.

 At the end of the verification process, you will receive a unique PIN code. You will need to use this PIN to sign the form and submit it to SECP.

 APPLY FOR AVAILABILITY OF NAME

The most important step in registering a company in Pakistan is to apply for a company name. You cannot simply approve a name that is already registered with SECP or already in use. Therefore, you can use the company name search function on the SECP website to ensure that the company name you wish to register is not already in use. In the unlikely event that the SECP search does not return any results, this means that the name is available for company registration. 

To register a company in Pakistan, you can apply to reserve the name.

COMPANY NAME RESERVATION

Once you have applied and received a name from SECP, it will be reserved for 60 days so that you can start registering your company. The name reservation form must be filled out online after logging into the eservices system.

 MEMORANDUM OF ASSOCIATION

The Memorandum of a company is the cornerstone of the company. It is the constitution of the registered company. It not only outlines the vision, scope, and mission of the company but also discloses the contact information of the shareholders and the Taxation & Customs  structure of the shares held by each shareholder/subscriber. The memorandum of association is filed at the time of application for registration of the company in Pakistan.

ARTICLES OF ASSOCIATION

The Memorandum of Association is also known as the Articles of Association of a company. It contains the provisions for the day-to-day management of the company's affairs. It also contains provisions for the appointment of the chairman of the board, directors, secretary, etc. of the corporation. Along with the application for registration of the company in Pakistan, a Memorandum of Association is also filed.

Filing of Forms

Registration of a company in Pakistan can be done both online and offline. For a paperless process, SECP strongly recommends online registration. Online registration of companies in Pakistan is supported by SECP and is available with a 50% discount. Online company registration requires a joint application for company name and registration availability. If required, two different phases of the online application can be completed.

When applying for the registration of a company, the articles of association must be attached and an application for the use of the name must be submitted via the e-services portal. In this case, all applicable fees can be paid online via credit card or internet banking. If you wish to register your company in Pakistan using the offline method, you will have to issue the invoice directly and after payment, submit it directly to SECP along with the signed application form and the above-mentioned documents.

PROCESSING TIME

SECP has recently revised the procedure for registering a company in Pakistan and has introduced a new convenient procedure. As a result, the company registration process has become sophisticated and fast. Applications are now processed within hours, so there is no need to wait for a week or a month for your new company to be registered.                                                

Partnership Business Registration in Pakistan Ask Wakeel .Pk

 

Registering a Partnership

In Pakistan, a partnership is a company that has been formed by a formal agreement between two or more persons or companies to do business together. The capital of the partnership is contributed by the partners and the partners are liable for all the debts of the partnership and share in Real Estate & Transfer of Property Laws the profits and losses of the group of companies by the terms of the partnership agreement.

Partnership Act, 1932

This Act, commonly known as the Partnership Act, 1932, was passed to establish and amend the law relating to partnerships. It covers the whole of Pakistan. The Act defines the characteristics of a partnership and prescribes how a partnership may be registered and dissolved. It also describes the relationship between partners and with third parties, the risks to the partnership and the partners, and the status of minors as partners.

In Pakistan, partnerships (except for banking partnerships) are generally limited to 20 partners. The share of a partner cannot be changed without the prior consent of the other partners. However, a partner's right to a share of the partnership income may be acquired by another person in trust.

Taxation

Partnerships in Pakistan are characterized by their taxation, and are classified as:

  •  Registered companies
  • Unregistered companies

The income of a registered company is subject to super tax before being passed on to the partners. The personal income of shareholders is also subject to income tax at the standard rate. In the case of unregistered corporations, income tax is levied on the income of the corporation and the shareholders do not pay any portion of the distribution received by the unregistered corporation.

How is the existence of a partnership determined?

In determining whether a partnership exists or whether a person is a member of a partnership, one must consider the actual relationship between the partnerships as shown by all the material facts. The fact that the profits or gross income of a property may be shared by persons who have a common or joint interest in that property does not make them partners.              

The sharing of profits of a partnership, or the acquisition of profits that are dependent on the creation of profits or that vary with the profits of the partnership, does not in itself make an individual a partner of a person interested in the business, and in particular a person Property Gift Deed Pakistan carrying on or engaged in business on behalf of the lender in consideration of an employee or agent a pension for the widow or children of a retired member; or as consideration for the transfer of the business by the former owner or co-owner of the business, or any gift that does not in itself make the recipient a partner in the person carrying on the business.

Services

Ask Wakeel offers the following partnership services in Pakistan:

ü  Partnership Name Information

ü  Research of partnership name

ü  Preparation of partnership agreement

ü  Registration of partnership

ü  Preparation of partnership dissolution deed

ü  Registering the Dissolution of a Partnership

Partnerships can be a great way to grow, especially if you have like-minded partners with the same goal. In Pakistan, partnerships are registered through a partnership deed under the Partnership Act 1932. According to the Act, there is a private law that states that a competing business should not be allowed to breathe and that both partners should work together for the mutual growth of the partnership. No one should hide anything from the other and the relationship should be based on mutual trust, care, and cooperation. Records will be kept and any dissolution of the partnership will be done through proper accounting and auditing. Partnership funds also include the goodwill of any business controlled by the partners. In all cases, it is best to contact the experts at Ask Wakeel to be fully informed on all areas of partnership law.


Disaster Recovery Procedures Ask wakeel . Pk

 

Recovery Matters

In a recovery action, it is not entirely unexpected that the contract will contain a clause stating that one party will make a payment in exchange for the provision of goods or services by the other party. The party providing the goods or services does not receive advance payment until an agreed-upon date. In this case, the payer breaks the contract and the supplier of goods or services must find a way to collect the debt.

At Askwakeel.pk, we have a team of specialized lawyers to support you in your collection case. They are experienced in handling cases and recoveries Divorce & Lawyer In Pakistan  of economic and personal threats for individuals and companies, both local and international, in various sectors. In Pakistan, we can also help you with pre-authorization receipts and prior authorizations to legally protect your assets.

We are the most reputable lawyers in the field of debt collection, asset tracking, documentation, and identity verification. Our debt collection specialists handle the collection of your company's debts in a simple, efficient, and timely manner. Whatever the situation, we will strive to understand your business problems and objectives. We ensure that your company gets the best net return from its debt collection services.

Management of the debtor portfolio and debt collection

1.    Financial Debt Recovery

As debt collection specialists, we often hear the reasons why companies do not take care of their debt collection. We know how to react and what pressure to exert to extend the collection period.

2.    Asset Recovery

We are the largest provider of asset recovery and remarketing services in the United States. Our team has over 10 years of experience in secured asset recovery.

3.    Leased Vehicle Recovery

We are pioneers in the liquidation and recovery of leased vehicles. Ask Wakeel has recovered more than 3000 leased vehicles in Pakistan. Ask Wakeel has recovered leased vehicles from all existing banks in Pakistan.

4.    Non-Performing Loan Recovery

Ask Wakeel's asset for bad debt recovery. A commercial loan is considered non-performing if the borrower fails to pay interest or principal within 90 days or is more than 90 days past due. Consumer loans are classified as bad debt if the debt is more than 180 days past due.

How effective are Pakistani courts in collecting debts?

Pakistani courts are very effective in collecting debts, provided the person or company has assets in Pakistan. When it comes to foreign cases, the courts have to facilitate the judicial cycle. One of the factors influencing the effectiveness of collection is the financial position Bank & Finance of the individual or company concerning the payment of advances. If a company is unable to pay its advances and fees, the court will work with the department's CD in addition to regular monthly payments.

Debt Recovery Services

We offer a range of collection services tailored to your needs. Whether you are a sole proprietorship, partnership, or limited liability company, regardless of your size, we are here to help. It doesn't matter if you are concerned about a small debt or a large, ongoing total debt. For undisputed debt, we offer discreet, affordable, efficient, and unparalleled personal support.

You will receive regular updates on our debt collection services and collections will be made legally and professionally. If you have a problem, we will tell you immediately what your options are.

A GUIDE ON LAND AND PROPERTY RIGHTS IN PAKISTAN ASK WAKEEL .PK

 

Real Estate Law

AskWakeel.pk provides all kinds of support and assistance to our valuable clients for buying and selling cell phones and real estate in Pakistan. We also Real Estate & Transfer of Property Laws  provide our assistance in terms of permits and other requirements for setting up various industries, factories, commercial complexes, industrial and residential properties in Pakistan.

Property Law

Property is specific to each person or law and can only be held by one person. In the strict legal sense, it is a set of rights guaranteed and protected by the state. The term encompasses rights and interests in all types of movable property. More explicitly, property; an unlimited and optional right to something; the ability to legally dispose of, possess, use, refuse or interfere with something. 

An indefinite scope or right of use or airing that a person may lawfully exercise over a thing or objects. A limited right to possess, enjoy and dispose of something. The highest right a person can have to anything he or she needs. In other words, rights of the kind one needs over land, property, goods, or chattels are not subject to the courtesy of others: the Transfer of Property Act of 1882 states that "property is either (i) real, or (ii) a right to part or all of a thing."

Our Practice

Askwakeel.pk represents the interests of its clients in a wide range of property matters, including commercial and fee claims, construction contract disputes, construction defects, easements, disputes between commercial and residential landlords, cooperative investors, and tenants, property and partnership contracts, and sale and purchase agreements. We assist clients in the purchase and sale of commercial properties, major foreclosures, retail transactions,

Commercial and industrial properties, and other intellectual Property Law intellectual Property Law developed and undeveloped properties. Our attorneys assist association clients in obtaining discounts on licensing and statute of limitations fees and other real estate commissions. Our attorneys tailor beneficial ownership, speculation, management, and development agreements to our client's needs, including work availability, partnership, investor, joint venture, and site improvement agreements.

Why You Need US?

Ask Wakeel provides the best family solicitors in Pakistan. We know the sensitivity of such agreements and deal quickly and effectively with Real Estate agent. Ask Wakeel has top family lawyers in Pakistan with complete knowledge of daily reforms and updates in Pakistan's Family Law.

Are You Looking for an Assistant?

We work 24 hours a day, 365 days a year. Whether you need a portrait at the police station, in the criminal courts, or at an investigative hearing, we can urge and assist you. Call our dedicated line at +9251 235 18 71 and speak to a member of our criminal defense team. You may also learn about lease agreements and the most common legal issues regarding landlord-tenant relationships. If you have any questions about the property or legal services in Pakistan, please contact us.

Our Services

AskWakeel.pk offers the following real estate and property services in Pakistan:
ü  Review and verification of property documents
ü  Investigation and verification of sudden changes in favor of sellers
ü  Obtaining a copy of the new Farad (فرد) from the Deputy Chief Registrar.
ü  Obtain a verified copy of the Aks-Shajra (map).
ü  Obtaining a verified copy of the Teatime/Supplementary Property Certificate.
ü  Delineation of the minutiae
ü  Preparation of documents
ü  Registration of the transfer deed
ü  Transfer of property
ü  Making entries in important government registers
ü  Obtaining a NOC if required
ü  Confirmation of seller's power of attorney, if applicable
ü  Verify various documents such as leases, mortgage agreements, gift agreements, etc.

Adjudication By Courts And Includes Arabization & Mediation, Ask Wakeel .PK

 

Mediation in the Criminal Cases

Mediation can be used both at the stage of the criminal proceedings and during the trial. The Law on Mediation also provides for the generalization of this preferred method of conflict resolution, so that this perspective can be developed before the filing  Real Estate & Transfer of Property Laws of the case or the beginning of the trial. This law applies in particular to criminal cases in which the withdrawal of the main complaint or the reconciliation of the parties exonerates them from criminal liability according to the law. 

Conciliation is also not excluded in other criminal cases to solve certain new aspects of criminal proceedings (the best example is the settlement of civil claims in criminal proceedings). This view is perfected in criminal cases by mediation). Since mediation is a method left entirely to the discretion of the court, neither the victim, nor the offender, nor any other party to the criminal proceedings can be forced to use it. 

Cyber crime Punishment Of Pakistan

During the mediation process, each party is entitled to the assistance of a lawyer and, if necessary, an interpreter. In the case of minors, they must also provide the guarantees provided by the criminal code. Currently, victims cannot inform the prosecutor's office or the court of the first instance of individual offenses if the parties have settled their dispute through mediation before the criminal proceedings are initiated. 

If the mediation procedure is initiated within the time limit set at the time of the complaint by the complainant, this time limit will be suspended for the duration of the mediation procedure. If the parties to the dispute reach an agreement, the consequences for the tax authorities and the court of the first instance are currently too great. If the parties to a dispute do not reach an agreement, the aggrieved party may, in principle, file a complaint within a statutory period. 

Property Gift Deed Pakistan

This statutory period starts running again from the date of the report of the body that concluded the mediation. Conciliation can also be invoked after  Taxation & Customs criminal proceedings or after the initiation of criminal proceedings. In this case, the criminal investigation will be suspended from the date of the conciliation agreement. The period of suspension may not exceed three months from the date of signing the conciliation agreement. 

The period of suspension shall end when the  conciliation strategy is terminated in any of the ways provided by law, whether or not the three-month period has elapsed. The conciliator has undertaken to provide the judicial authorities with a copy of the Authority's report on the conclusions of the conciliation strategy. If the Authority's report concludes that the parties have not reconciled, the criminal case will be formally pursued. In the absence of a report.

The criminal case will formally proceed and the content of the meetings held during the last three months will be presented. Because of these considerable advantages, criminal law mediation will be a strategy used mainly in death penalty cases, but also other criminal cases. Therefore, law enforcement agencies and trial courts have an important role to play in encouraging parties to participate in mediation.

Mediation Services in Criminal Matters

Askwakeel.pk is one of the law firms in Pakistan that resolves disputes amicably using various alternative dispute resolution mechanisms with experts from different fields. Ask Wakeel offers mediation services in civil, criminal, and family cases and resolves the problems of clients Ask Wakeel has the best mediators, who resolve disputes between parties and submit reports/conclusions to the criminal courts. 

For example, if an offense has been committed, the mediator submits to the court a report duly signed and certified by him and the person authorized by law to commit the offense, the court approves the order and the accused is acquitted.

 

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The Punjab Alternate Dispute Resolution Act 2019 Ask Wakeel . PK

 

Mediation Law

Mediation Law in Pakistan

Pakistan has not acceded to any international treaty relating to mediation and our mediation laws are not based on any such treaty in all its aspects. The main source intellectual Property Law of law dealing with mediation is the Code of Civil Procedure (CPC) 1908, as amended, which contains the important Section 89-An and Order 10, Section 1A. There are also provisions relating to arbitration and mediation in the Small Claims Courts Ordinance, 2002, The Industrial Relations Act, 2012, the Income Tax Ordinance, the Customs Act, and the Federal Excise Act.

Mediation confidentiality in Pakistan

Conciliation is considered a confidential process in Pakistan. Pakistani courts do not rely on paper, but on the information exchanged between the parties during mediation. The courts have stated that these proceedings are confidential and that any such action would violate this confidentiality. In similar circumstances, the mediator will not be called as a witness and the mediation agreement signed before the commencement of the mediation contains.

A standard clause whereby the parties agree  not to call the mediator as a witness. In the case of court-ordered mediation, the court will not require a final mediation report at the end of the mediation. If the mediation is unsuccessful, the court may decide that the mediator must, in principle, submit a statement to the court indicating that no result has been reached. 

If an agreement is reached, it will be formally registered and the court will order it to take effect. In this case, the reasons for the court's decision will ensure that the decision will not be confidential in the future.

Mediation Services in Family Matters

When parties are in conflict over an issue and need to resolve their arguments amicably to save time and avoid a court battle, Ask Wakeel is the ideal choice for resolving clients' problems amicably, offering mediation management for civil, criminal, family, and commercial matters. Askwakeel.pk follows the highest international mediation guidelines, practices, and standards. Ask Wakeel mediators are careful and decisive in their approach to the process and speak fairly and positively to ensure 

That problems are resolved before they Property Gift Deed Pakistan become dead-end disagreements. Family mediation with AskWakeel.pk has proven to be very effective in the dissolution of marriage and divorce, as well as custody, visitation, child support, debt, family funds, etc. An important advantage of family mediation with askwakeel.pk is that it is often less expensive than direct court proceedings. An important advantage of family mediation via AskWakeel.pk is that it is usually less expensive than direct court proceedings.

Structure of the Mediation process in Pakistan

The normal steps in planning the process by the mediator are to establish basic contact, sign the mediation agreement, guide and assist the parties in their preparation and agree on the dates of the mediation sessions.

The mediation continuum is structured as follows:

v  Preparation phase
v  Opening joint session
v  Closed sessions and caucuses in the exploratory phase.
v  Joint sessions in the negotiation phase.
v  Joint sessions in the closing phase.

A typical mediation day lasts between 8 and 9 hours, including breaks for the preparation of written submissions, and may involve several hearings, requiring three or four hearing days to conclude. 

Friday, October 1, 2021

Post Incorporation Statutory Filing & Statutory Requirements Ask Wakeel . PK

 

Company statutory feeling

Ask WA keel’s Corporate Department offers a wide range of services that draw on all the firm's resources and expertise. Our corporate lawyers are dedicated to providing their clients with unparalleled support, including:

  • A respectful approach to resources and problem-solving.
  • Passion and commitment to our work and our clients.
  • Reduced implementation costs through project budgeting, supervision, and staff qualification.
  • The highest levels of experience and skill.

Ask WA keel’s other legal services for businesses Bank & Finance  ranging from certificates of incorporation and articles of association, name changes, corporate re-registrations, and classes of stock, stock transactions, stock cancellations, spin-offs and mergers, election resolutions, stock option issues to transfers of ownership.

Who We Are

From a legal perspective, we operate as part of a global group pursuing the specific business objectives of our clients. The personalized relationship we develop with our partners allows us to handle all client matters at a high level. We structure our teams around the billing, communication, budgeting, and reporting structures adopted by our clients. Partners are actively involved and have easy access to clients.

Whom We Counsel

Domestic, multinational, private, Pakistani, and foreign companies at all stages of development, including start-ups and emerging businesses, entrepreneurs, dedicated holding companies and family businesses, financial institutions, private equity firms, venture capital, and multi-tiered investments, and business owners. Our clients operate in a wide range of industries, including manufacturing and distribution, high technology, internet, financial services, real estate, capital development, healthcare, medical technology, nonprofit, and philanthropy.

What We Provide

To meet the needs of citizens, advertisers, and entrepreneurs, SECP has established eight CROs in Islamabad, Karachi, Lahore, Peshawar, Faisalabad, Multan, Sukkur, and Quetta. The CROs not only register companies and monitor their operations Property Gift Deed Pakistan  following the law but also The register of companies maintained by the CROs is open to the public and can be inspected at any time by lenders, shareholders, creditors, and the general public. Certified copies of certain reports can also be obtained immediately upon payment of a fee.

The statutory general meeting must be held between three and six months after the commencement of the company's operations. The statutory report must be notified to the parties and the clerk of the court within the time limit set by law.

 Our Experience & Services

We have hands-on experience with complex and imaginative legal solutions. Achieving our clients' business objectives is our fundamental goal. Tax considerations are at the heart of all business planning, and we focus on productive tax planning across our portfolio, taking into account the financial interests of individual entrepreneurs and business enterprises. Our attorneys are here to help you do just that:

  • Corporate Formation
  • Commercial Agreements
  • Contracting
  • International Trades
  • Mergers & Assets
  • Tactical Alliances
  • Enterprise Capital Financing

 

 

The Punjab Alternate Dispute Resolution Act 2019 Ask Wakeel . PK

 

Mediation Law

Mediation Law in Pakistan

Pakistan has not acceded to any international treaty relating to mediation and our mediation laws are not based on any such treaty in all its aspects. The main source of law dealing with mediation is the Code of Civil Procedure (CPC) 1908, as amended, which contains the important Section 89-An and Order 10, Section 1A. There are also provisions relating to  Divorce & Lawyer In Pakistan arbitration and mediation in the Small Claims Courts Ordinance, 2002, the Industrial Relations Act, 2012, the Income Tax Ordinance, the Customs Act, and the Federal Excise Act.

Mediation confidentiality in Pakistan

 Conciliation is considered a confidential process in Pakistan. Pakistani courts do not rely on paper, but on the information exchanged between the parties during mediation. The courts have stated that these proceedings are confidential and that any such action would violate this confidentiality. In similar circumstances, the mediator will not be called as a witness and the mediation agreement signed before the commencement of the mediation contains a standard clause whereby the parties agree not to call the mediator as a witness.

In the case of court-ordered mediation, the court will not require a final mediation report at the end of the mediation. If the mediation is unsuccessful, the court may decide that the mediator must, in principle, submit a statement to the court indicating that no result has been reached. If an agreement is reached, it will be formally registered and the court will order it to take effect. In this case, the reasons for the court's decision will ensure that the decision will not be confidential in the future.

Commercial Mediation Services

Commercial mediation is primarily a decision made by businesses and employers. However, there is an urgent need to institutionalize and introduce commercial mediation. For example, before AskWakeel.pk existed, there was no mediation or alternative dispute resolution service in Pakistan where disputes could be raised. AskWakeel.pk created this service. AskWakeel.pk has specialized staff who, upon receiving a request for mediation, develop a strategy and Ask Wakeel. PK .

Offers mediation services for a wide range of issues, such as labor disputes, simple contractual disputes between companies, disputes between financial institutions and consumers, and complex arrangements between creditors and debtors of companies after the conclusion of insolvency proceedings.