THE FIRM

Khalid Anwer & Co. is a leading law firm of Pakistan. The senior partner, Mr Khalid Anwer, is one of the senior most advocates of the Supreme Court of Pakistan. He has been appearing before the Superior Courts of Pakistan for over five decades now. The firm has a total strength of sixteen lawyers and has associate firms in Lahore and Islamabad as well.

The firm has a long tradition of public service. The former managing partner of the firm is now a Judge of the Hon'ble High Court of Sindh at Karachi and a former senior member of the firm is serving as a Judge of the Hon'ble Supreme Court of Pakistan.

The firm has been at the forefront of high-profile constitutional and commercial litigation since the time of the formation of Pakistan. Mr. Khalid Anwer has been involved in several landmark constitutional and commercial cases. Mr. Anwer appeared for ex-Prime Minister Mr. Nawaz Sharif to successfully challenge the dismissal of his government by the then President Ghulam Ishaq Khan. He thereafter appeared on behalf of the President of Pakistan to successfully defend the dismissal of the second government of Mohtarma Benazir Bhutto. He was also engaged to challenge the military takeover by the then Chief of Army Staff General Pervez Musharraf. He persuaded the Supreme Court to lay down a road map for the restoration of democracy and a three year time limit for holding fresh elections. Furthermore, there is a plethora of landmark reported commercial decisions in which Mr. Anwer has successfully represented clients in the Supreme Court or the High Courts.

The firm provides a large range of services including litigation as well as advisory services. Its clients range from Fortune 500 companies to small companies. It regularly represents and advises the State Bank of Pakistan (Pakistan's Central Bank), the Karachi Stock Exchange and the Central Depository Company. It is currently representing or advising the five largest banks in Pakistan (National Bank, Habib Bank, United Bank, MCB Bank and Allied Bank), the two largest insurance companies (Adamjee Insurance and EFU Insurance), the three largest industrial conglomerates (Nishat Group, Yunus Brothers Group and Sapphire Group), the largest textile company (Gul Ahmed Textile Mills), the two largest cement companies (Lucky Cement and D.G. Khan Cement) as well as a range of multinational companies (Deutsche Bank, Standard Chartered Bank, Procter & Gamble, Schlumberger, EMC, Toyota, Reyrolle, Akzo Nobel, and Reckitt Benckiser etc.).

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The firm is currently representing nine Independent Power Producers i.e. Hub Power Company, Nishat Power, Sapphire Electric Power, Atlas Power, Orient Power, Saif Power, Halmore Power Generation, Liberty Power Tech, and Nishat Chunian Power in the Supreme Court in Petitions filed against the non-payment by the NTDC of their outstanding dues amounting to over Rs. 70 Billion.

The firm is also representing four mobile operators namely, Warid Telecom, Telenor Pakistan, Pakistan Telecom Mobile (Ufone) and CM Pak (Zong) in petitions filed before the Islamabad High Court challenging the constitutionality of the demand for Federal Excise Duty on telecom services in excess of Rs. 47 Billion. The firm has successfully obtained interim relief against various show cause notices and demands issued by the FBR / LTU.

The firm is advising JS Bank in relation to the proposed amalgamation/ acquisition of HSBC Middle East (Pakistani Operations).

Khalid Anwer & Co has been ranked as a top tier firm for dispute resolution by the Legal 500 (2013).

The firm has been engaged, inter alia, by Lucky Textile Mills (Pvt.) Limited and Continental Biscuits Limited to challenge the vires of the Gas Infrastructure Development Cess Act, 2011 and the recovery of cess in terms thereof. The firm successfully obtained ad-interim orders (which were subsequently confirmed) against the recovery of the said cess.

The firm has been engaged by Pakarab Fertilizers Limited (jointly owned by the Arif Habib Group and the Fatima Group) in relation to its dispute with Dawood Hercules Corporation Limited for the sale of the shares of DH Fertilizers Limited. The firm has successfully obtained ad-interim relief from the Sindh High Court against the sale of the shares of DH Fertilizers Limited by Dawood Hercules Corporation Limited to any third-party.

The firm is currently advising a foreign investor interested in purchasing a major stake in the power sector in Pakistan.

The firm recently advised two IPPs in relation to a major equity investment by a Singapore based fund.

The firm is currently advising an IPP in relation to its negotiations with IFC for the injection of equity and financing of debt.

The firm has been engaged by Warid Telecom (Pvt.) Limited to file appeals before the Supreme Court to challenge the initiation of audit proceedings (both income tax and federal excise duty) by FBR which were upheld by the IHC.

The firm has been engaged by a group of companies in the ship-breaking industry to challenge the retrospective application, by the Collector of Customs of a Statutory Regulatory Order, through which the FBR enhanced the witholding income tax by 400% on the import of shipping vessels. The firm has successfully obtained ad-interim orders and restrained the Collector from interpreting and applying the SRO retrospectively and collecting the enhanced amount of tax.

The firm is representing M/s Standard Chartered Bank Pakistan Limited & M/s Deutsche Bank in relation to the demand raised by the FBR on account of FED on Banking Services in the Province of Sindh. The firm has successfully obtained ad-interim orders from the Sindh High Court in relation to the same.

The firm has been recently engaged by Fauji Fertilizer Company Ltd, the largest manufacturer of fertilizers in Pakistan, to challenge an order of the Competition Commission of Pakistan whereby a significant penalty has been imposed on the Company.

© 2013 Khalid Anwer & Co.