ABS & Co has successfully represented United Bank Limited in its recovery suit against Amtex Limited, a publicly listed company trading on the Pakistan Stock Exchange (PSX). The bank’s recovery suit for Rs. 2.069 billion was decreed by the Lahore High Court in February 2022.
It has since attained finality and the bank has now commenced execution proceedings.
Lahore based Bakhtawar Bilal Soofi, Zeerak Elahi and Anza Mahmood Lilla represented UBL in this matter.