The State Bank of Pakistan (SBP) has introduced a new mechanism to enable companies in Pakistan to conveniently remit out disinvestment proceeds to their foreign shareholders. The goal of this initiative is to make Pakistan a more attractive place for investment by increasing investors’ confidence and support ease of doing business. The new mechanism also
Under the Criminal Procedure Code of Pakistan, a person who suffers a cognizable offence against his person may under section 154 of the Criminal Code approach the police station in whose jurisdiction the offence has occurred and ask the police officer on duty to register a First Information Report. Should the police refuse to register
Access to information held by Government bodies and the Data Protection Laws in Pakistan have lagged for quite some time now. Pakistan took a major step towards right to access information law when in 2010 the 18th Constitutional Amendment included Article 19-A in the list of fundamental rights for citizens. The Article 19-A provides that
An important component of doing business is the ability to obtain open and candid advice from your lawyer without the threat that the advice received will have to be disclosed. Equally important for individuals and businesses is the ability to prepare for or defend a lawsuit without having to publicize your case to the other
During the past two years Pakistan has legislated substantially regarding the rights of the disabled and their employment in public and private organizations. In 1981 the Disabled Persons (Employment and Rehabilitation) Ordinance, 1981 is the over riding legislation in Pakistan which provides a quota of 2% of persons with disability to be accommodated in employment in
While Pakistan is yet to implement the Geographical Indications (GI) law promulgated in March this year, India has applied for an exclusive GI tag to Basmati rice in the European Union (EU). The EU has subsequently published the application of India in its official journal on September 11, 2020, showing Basmati rice as an Indian
Although the general labour law for termination for person working on probation provides that any such person can be terminated with out giving notice and almost all Employment contracts in Pakistan contain the provision that a person on probation can be terminated during probation with out giving any reason, the same has now also been
Pakistan on 11th August 2020 promulgated the Mutual Legal Assistance (Criminal Matters) Act 2020. The law reportedly has been promulgated to satisfy one of the requirements of the FATF. The purpose of the Act is to regulate the procedure of rendering and soliciting mutual legal assistance in criminal matters by Pakistan to countries whether Pakistan
Before 2010, Pakistan had no laws on sexual harassment. In 2010, Section 509 of the Pakistan Penal Code, which previously only referred to harassment as “insulting the modesty of a woman”, was amended to include a more detailed definition of harassment. The amended law prescribes an imprisonment of up to 3 years or a fine
The Public Procurement Regulatory Authority is an autonomous body endowed with the responsibility of prescribing regulations and procedures for public procurements by Federal Government owned public sector organizations with a view to improve governance, management, transparency, accountability and quality of public procurement of goods, works and services. It is also endowed with the responsibility of