Lahore High Court Declares Bank Customer Data as Property in SIM Swap Fraud Case
Lahore High Court has ruled that customer data held by banks can constitute property under Pakistani law and its dishonest misuse may amount to criminal breach of trust.
Supreme Court Dismisses FBR Petitions Over Failure To Remove Office Objections Within Time
Pakistan’s Supreme Court has dismissed a large number of Federal Board of Revenue petitions, ruling that proceedings cannot become valid after statutory limitation expires when filing objections remain unresolved.
WorldCall Telecom Receives Lahore High Court Approval for Capital Restructuring
Lahore High Court sanctions WorldCall Telecom capital restructuring including a ninety percent reduction in paid-up capital and a subsequent stock split.
Citi Pharma Board Approves Demerger Scheme to Vest Real Estate Assets into Wholly Owned SPV for REIT
Citi Pharma Limited (PSX: CPHL) has announced a Board-approved Scheme of Arrangement and Demerger to transfer two prime Lahore properties into a wholly-owned SPV.
Lahore High Court Rejects Public Interest Petition Over National Energy Management and Power Regulators
The Lahore High Court dismissed a public interest lawsuit concerning energy shortages and electricity management, stating specialized regulatory bodies hold exclusive jurisdiction over policymaking.
Soneri Bank Flags Multi-Billion Rupee Tax Disputes in 2025 Annual Report Filed with PSX
Soneri Bank Limited discloses significant tax contingencies and ongoing disputes with FBR in its 2025 annual report, including windfall tax claims and multi-year assessments under appeal.
Systems Limited Announces Acquisition of Confiz Pakistan Through Amalgamation
Systems Limited has approved the acquisition of Confiz Pakistan, merging the company under a Scheme of Arrangement pending shareholder, regulatory, and Lahore High Court approvals, marking a major move in Pakistan’s tech sector.