Faresa Jafarey Ahsan heads the practice at Liaquat Merchant Associates. The department regularly provides support to the Pakistan Stock Exchange on a diverse range of issues, such as the listing applications of companies. It also advises on the regulatory framework when companies default on obligations. In addition, the group advises on the de-listing of companies on the Pakistan Stock Exchange. Syed Shayan Ahmed is another seasoned member of the team. Ahmed routinely advises on a wide range of capital markets matters and has particular experience advising on compliance issues.
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Key clients
- Pakistan Stock Exchange Limited
- Wafi Petroleum / Asyad Holdings
- Bank AL Habib Limited
- Pak Brunei Investment Company Limited
Work highlights
- Engaged to provide advisory support and services to Pakistan Stock Exchange (PSX) in relation to the introduction by PSX of a Shariah-compliant product allowing day trading of shares listed on PSX’s Islamic Index.
- Engaged by Bank AL Habib to review its forward contract documentation for conventional banking and to ensure that the undertakings drafted/reviewed by the company are compliant with Shariah principles to secure any risks for the Bank.
- Engaged as transaction counsel to act for Wafi Petroleum in matters relating to the acquisition of Shell Pakistan Limited.
Practice head
The lawyer(s) leading their teams.
Faresa Jafarey Ahsan