Bank of Punjab to set up exchange company with Rs2.5bn initial capital
The Bank of Punjab (BOP) has decided to join the ranks of other prominent banks in the country by establishing its wholly-owned exchange company with an authorized capital of Rs2.50 billion. In a stock filing at the Pakistan Stock Exchange (PSX) on Monday, the Bank of Punjab said that its board, in their meeting held […]
SECP prepares to launch “eZfile,” a new corporate registry
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is gearing up to introduce a cutting-edge corporate registry called “eZfile”. This online portal, part of SECP’s digital transformation initiative LEAP—Leading Efficiency through Automation Prowess, is designed to streamline company registration and post-incorporation filings with enhanced sophistication and user-friendliness. As per details, eZfile, poised to replace […]
The growing importance of in-house counsel in today’s M&A landscape
Today’s M&A landscape is challenging, with everything from increased regulatory scrutiny to the aftermath of the Covid-19 pandemic affecting deal-making. In-House Perspective assesses how the role of in-house counsel has evolved against this background. The global M&A market has slowed, particularly in the past year and a half. There have been fewer deals at the top end […]
Enhancing enforcement of international arbitration agreements and foreign arbitral awards in Pakistan: a positive shift
Introduction Arbitration has emerged as a vital component of international trade, serving as the preferred method for resolving commercial disputes that arise between parties from different jurisdictions. In today’s interconnected global economy, where trade and investment transcend national boundaries, the significance of arbitration as an alternative dispute resolution mechanism cannot be overstated. The efficient enforcement […]
5 Common Legal Mistakes to Avoid in Your Business
Here are five common legal mistakes to avoid in your business: Lack of Written Contracts: Always have clear written agreements for all business transactions, partnerships, and employee relationships. Ignoring Intellectual Property: Protect your company’s intellectual property through trademarks, copyrights, and patents to prevent infringement issues. Misclassifying Employees: Properly classify workers as employees or independent contractors to avoid legal […]
Unleashing the Potential of AI in Pakistan’s Public Sector
Over the last two decades, artificial intelligence (AI) has caught the world’s attention, offering immense potential. Looking at the public sector, the adoption of artificial intelligence has the ability to revolutionize and improve government services, enabling greater public-private collaboration and transparency. The use of modern IT services such as AI has proved to be more […]