Pakistan’s Pslash Scandal: A Case of Financial Fraud
Table of Contents Introduction The case against Pslash is currently in the National Accountability Bureau (NAB) Court in Hayatabad. Authorities are investigating the company for alleged financial fraud. This article explains the case, the legal proceedings, and its impact on investors. What is Pslash? Pslash was an online investment platform. It promised high returns to […]
Analysis of Specific Relief and Contractual Obligations
Table of Contents 1. Introduction Contracts form the foundation of business and legal relationships. When one party fails to perform its obligations, the affected party seeks remedies. One such remedy is specific relief, which enforces contractual obligations rather than compensating with damages. 2. Overview of Specific Relief Act The Specific Relief Act governs the enforcement […]
Pakistan Court Rejects Daewoo’s Petition Due to Arbitration Clause
Table of Contents Introduction The Islamabad High Court dismissed Daewoo Pakistan Motorway Service Limited’s petition. The court ruled that disputes must be resolved through arbitration, as agreed in the contract. Background of the Case Daewoo filed a petition challenging the contract for modernizing the Lahore-Islamabad Motorway (M-2). The company argued that the authorities violated Public […]