Legal Advisor Karachi
Mr. Raashid Anwer has also been involved in, among others, the following advisory and transaction activities: Justice Nasir Aslam Zahid is a man who has devoted himself to legal defence for the past 16 years after retiring from the Supreme Court of Pakistan in 2000. He remained Chief Justice of the Sindh High Court from 1992 to 1994 and was appointed Supreme Court of Pakistan in 1996. He is Chairman of the Prisoners` Welfare Committee, a committee notified by the Sindh Ministry of Home Affairs that advocates for traditional prison administration, and was also founder and dean of the Hamdard School of Law. (e) He currently represents the National Industrial Parks Development and Management Corporation and its parent institution, the Pakistan Industrial Development Corporation (PIDC), in three highly controversial cases before the Sindh High Court. The cases concern a very large plot of land located right at the entrance to the planned industrial park in Korangi, Karachi. It should be noted that the total estimated cost of developing this industrial park is about three billion rupees. Khalid Anwer & Co. continues to advise several employers on a range of labor and employment matters, from individual lawsuits to class actions. The excellent team is currently involved in several cases before the superior courts of Pakistan.
It is a company of choice for many banks in a variety of complex employment law matters. Co-led by Raashid Anwer and Syed Mustafa Ali, the group also advises former employees of large companies on their pension benefits. (b) It currently represents several of the major cement producers (including Lucky Cement and D.G. Khan Cement, the two largest cement producers in Pakistan) in the Lahore High Court against the decision of the Competition Commission of Pakistan to impose a fine of more than Rs 3 billion on some of our customers. (a) He appeared on behalf of Allied Bank Limited in the Sindh High Court and succeeded in persuading the Honourable Court to execute a judgment in favour of the bank in the amount of Rs 2.4 billion by ordering the sale of the assets of the judgement debtor. This is, in monetary terms, probably the most important ruling ever made by the Supreme Court of Sindh in favour of a financial institution. (a) He has advised clients on a wide range of corporate matters, including privatization projects, joint venture agreements, mergers and acquisitions and other complex business transactions. Clients he has advised and/or represented before the courts (on behalf of our firm) include Procter and Gamble, Gillette, Schlumberger, Toyota, Rolls Royce, Novartis, EMC, AIG/New Hampshire Insurance Company, State Bank of Pakistan, Karachi Stock Exchange, Central Depository Company, three of Pakistan`s five largest commercial banks (National Bank, MCB Bank and Allied Bank), the three largest textile groups in Pakistan (Nishat Mills, Gul Ahmed Textile Mills, Sapphire Textile Mills), the two largest Pakistani cement companies (Lucky Cement and D.G.
Khan Cement), PTCL and the two largest players in the mobile market (Mobilink and Ufone). He has also advised clients on various aspects of project finance and/or restructuring, including (but not limited to) representing the lender of Davis Powergen Ltd., an IPP incorporated in Jhang, Punjab. (h) it also represented Pakistani exporters in respect of safeguard measures to be imposed by the Turkish Government in respect of imports of fabrics and clothing; (d) advised the Dewan Group in its negotiations with the Steering Committee established by the State Bank to deal with the largest bank failure in Pakistan`s history; c) He had previously advised buyers of AES Pak-Gen Ltd. Khalid Anwer & Co. has an excellent reputation for his work in various high-profile constitutional and trade disputes led by Khalid Anwer and Raashid Anwer. Anwer regularly appears before the Supreme Court and Supreme Courts on a range of constitutional and commercial issues for clients in a wide range of industries, including insurance, fertilizers, textiles and pharmaceuticals. He has also represented various clients in a number of domestic and foreign arbitrations. Syed Mustafa Ali is another well-known name; He advises and represents clients before the High Courts in various constitutional, banking, commercial and labour matters. Jawad Qureshi is also highly regarded and frequently appears before the Supreme Court and administrative courts of Pakistan. (j) He also frequently advises the Karachi Stock Exchange and the Central Depository Company of Pakistan (CDC) on various regulatory matters on various regulatory matters, both with its own regulator (the Securities and Exchange Commission of Pakistan) and with its regulators (i.e.
securities dealers and issuers/participants in the Central Depository System). (d) It is also acting on behalf of a large foreign steel company (i.e. Al-Tuwairqi Steel Mills Limited), which is building a $200 million steel project in response to a lawsuit by Karachi Electric Supply Corporation to prevent Hyderabad Electric Supply Corporation from supplying 180 MW of electricity to our customer (which will then become the largest electricity consumer in the entire country). (e) He advised on the merger of the asset management companies of MCB Bank and Arif Habib Investments and the corporate restructuring (mergers and spin-offs) of a number of large groups, including Sapphire Group and IBL Group. Khalid Anwer & Co. works with a large number of large industrial and financial services conglomerates in Pakistan and therefore frequently represents them in high-profile tax disputes. The team has particular expertise in infrastructure terminations, gas development, employee contingency funds and employee participation fund litigation. The agile team is also able to handle a wide range of VAT disputes on services.
Raashid Anwer and Jawad Qureshi lead the team. (i) prepared (free of charge) the basic proposals to be submitted by the Ministry of Justice of the Government of Pakistan to the Asian Development Bank for justice sector reforms under the Access to Justice Programme. (c) acting on behalf of the downstream textile sector in the applications brought by cotton yarn exporters in the Supreme Court of Lahore against quotas imposed by the Government of Pakistan for the export of cotton yarn and successfully persuaded the Supreme Court to uphold the restrictions imposed by the Government; (b) He has also advised clients on various aspects of project financing and/or restructuring, including representing lenders of Davis Powergen Ltd., an IPP based in Jhang, Punjab, and advising buyers of the two AES power plants in Pakistan. (g) He also successfully represented Pakistan`s largest exporters in anti-dumping proceedings initiated by the European Commission concerning bed linen, p.e.t. and ethyl alcohol. (f) He also advised the Government of Pakistan (as well as several professional associations) on international trade issues vis-à-vis the European Union. In 2005, he was invited to accompany (and brief) the Pakistani Prime Minister before his negotiations in Brussels on accession to the European Union`s Generalised System of Preferences (GSP). He has also been invited to speak at several bilateral meetings between the Government of Pakistan and the UK Department of Trade and Industry and the Italian Ministry of Trade. Mr.
Raashid Anwer is the firm`s Managing Partner. He is a graduate of Cornell University and has nearly a decade and a half of experience appearing before the Supreme Court of Pakistan. It deals with, inter alia, civil, constitutional, fiscal, labour and labour matters. M. Raashid Anwer has appeared before the Supreme Court in the following high-profile cases, among others: .