Islamabad High Court Approves Landmark Telecom Merger Between Telenor Pakistan and Ufone
The Islamabad High Court grants final legal approval for the merger of Telenor Pakistan into PTML Ufone, paving the way for market consolidation.
State Bank of Pakistan Restricts Commercial Banks From Unlawfully Freezing Customer Accounts
The State Bank of Pakistan issues rigid operational guidelines protecting account holders from arbitrary operational blocks and unauthorized account freezing.
SBP Bars Banks From Freezing Accounts Without Lawful Authority
The State Bank of Pakistan has ordered all commercial and microfinance banks to halt unauthorized account freezes and debit blocks in compliance with recent court orders.
Bank Makramah Files Share Capital Reorganization Scheme Before IHC to Increase Minority Stake
Bank Makramah Limited submits a Scheme of Arrangement to Islamabad High Court to reorganize share capital, reducing sponsor stake and increasing minority shareholding without financial cost.
Bank Makramah Advances Restructuring with Court-Approved Share Capital Reduction
Bank Makramah Limited moves forward with its restructuring after Islamabad High Court approval, closing share transfer books and completing a major reduction in share capital.
Islamabad High Court Suspends SECP Directive Against United Insurance Company
The Islamabad High Court has suspended SECP’s directive that halted United Insurance Company’s guarantee business operations, granting interim relief to the insurer while legal proceedings continue.