Firms To Watch: Corporate and M&A

AUC | Law advises on a wide spectrum of issues from corporate compliance and business reorganisations to mergers and acquisitions.  Ahmed Uzair  is a key member of the team.

The agile team at Daudpota International advises on a diverse range of issues such as shareholder and investment agreements as well as on buying and selling franchises. Faisal Daudpota ; Junaid Daudpota and Khalid Daudpota  are the key names in the team.

The Lahore-based practice at Kilam Law is well-equipped to advise large companies, banks and insurance companies on a wide variety of compliance and contractual matters. It combines international experience with local knowledge to advise on joint ventures, acquisitions and divestments.

Chima & Ibrahim advises multinational corporates on all areas of corporate and commercial matters including M&A in sectors such as oil and gas, construction and consumer goods.
Lexium Attorneys At Law provides a range of transactional and advisory assistance in areas of corporate and financing matters to both domestic and international clients. Headquartered in Lahore, it also has offices in Islamabad and Karachi.

Nawaz Hussain Sikander is a new firm (formed in September 2020) that is home to lawyers with expertise in areas of mergers, demergers, acquisitions and the structuring of joint ventures. It also assists clients with the negotiation of supply and concession agreements.

Corporate and M&A in Pakistan

Akhund Forbes

The corporate and commercial department at Akhund Forbes  is thriving as it continues to work on an array of high-value and complex matters. Head of department Rabel Akhund is working on a number of significant deals – his clients include some of the largest companies and financial institutions locally and internationally. Akhund has considerable expertise in various sectors such as power, telecoms, construction and financial services. Sahar Iqbal is also highly regarded for her work in numerous private equity deals, M&As and joint venture agreements. Iqbal heads the joint venture practice and is also skilled at advising on capital markets matters. In addition she is adept at advising on issues in the telecoms sector. The group regularly works with some major international law firms too.

Practice head(s):

Rabel Akhund

Other key lawyers:

Sahar Iqbal


‘They are very flexible and open to alternative billing methods. They are responsive and efficient with their work. They are accommodating and always willing to jump on a call to handle issues and questions that arise on an urgent basis. They are knowledgeable and their advice is pragmatic. They are solutions orientated. They are invested in the success of our business’.

Key clients

Edotco Group SDN Berhad

Kojima Law Offices


Aisha Steel Mills Limited

Arif Habib Group

Edotco Pakistan (Private) Limited

Edotco Towers (Private) Limited

Zhong Lun Law Firm

Cheez Group, Shanghai

Cheezmall (Private) Limited

Baker & McKenzie LLP

Stanley Electronic CO., LTD


Facebook Inc.

Indus Associated Consultants

Latham & Watkins LLP

Privatisation Commission, Government of Pakistan

Norton Rose Fulbright

Chongqing Changan Automobile Co. Ltd

China Power Hub Generation Company (Pvt.) Limited

Zhong Lun law firm

MCB Arif Habib Savings and Investments Limited

UBL Fund Managers Limited

NBP Fund Management Limited

Novartis Pharma Pakistan Limited

Herbert Smith Freehills LLP

Jun He Law Offices

House of Habib

The Abraaj Group


Al Tamimi & Co.

Allied Advertising Group LLC

TM Lewin

Gemini Office Holdings Limited

Stevens and Bolton LLP

Weye Cement and Construction Materials (Private) Limited



Elixir Securities Pakistan Limited

Saudi Research Publishing Company

Media Arabia Limited

Vox Asia Productions (SMC Private Limited)

Osborne Clarke

InterContinental Hotels Group (Asia Pacific) Pte. Ltd

Kantoor van Notaris Jean-Philippe Claesen

Sumitomo Chemical Asia Pte Ltd

Nawan Laboratories (Pvt) Ltd.


McKinsey & Company Pakistan (Private) Limited

K Electric

QIMA Limited

Kumon Institute of Education Co., Ltd.

Pakistan Catalyst Fund

JS Bank Limited

DeHeng Law Offices

Bayer Pakistan (Private) Limited

VIKOR Healthcare (Pvt.) Limited

Deutsche Bank AG Dubai (DIFC) Branch Legal

Pakistan Kuwait Investment Company (Private) Limited

Credit Suisse (Schweiz) AG

DFDL (Thailand) Limited

True Digital Co Ltd


SMS Chemicals Industries Private Limited

Work highlights

  • Advising the Privatisation Commission of Pakistan, as Pakistan legal counsel, on the privatisation of two RLNG based power plants in what will be the largest ever privatisation (in the power sector) through a strategic sale expected to yield around $2bn.
  • Advising on closing Novartis Pharma Pakistan Limited`s asset acquisition from Bayer Pakistan Private Limited. This matter is important because the client (Novartis Pharma Pakistan Limited and Bayer Pakistan Private Limited) and the target are leading pharma companies globally and the team was instructed by Herbert Smith Freehills LLP as the international counsel.
  • Successfully advised Pakistan Kuwait Investment Company on the first of its kind multi-million dollar investment in Planet N, a leading start-up aggregator company in Pakistan. This is the first time that a Pakistani financial institution has invested in a start-up aggregating business in Pakistan.

Haidermota & Co Advocates

Haidermota & Co Advocates fields a large team of experienced corporate and commercial lawyers. The team has developed niche expertise in advising on complex restructurings and reorganisations. Under the leadership of Khozem Haidermota; Shabbir Harianawala and Ali Vasi the group is lauded for its work on major M&A deals (acting for either the acquirer or the target entity, including private equity deals) as well as for its work on corporate governance (including advising on minority shareholder rights). It advises a sizeable number of clients in various sectors such as oil and gas, pharmaceuticals, infrastructure and energy. It is also well-versed in various regulatory matters and frequently advises listed companies on securities law.

Other key lawyers:

Owais Aziz; Zahra Abid; Ali Masood


‘The Lahore team is one of the best legal teams for power projects. The Lahore office works at a fast pace.’

‘In my experience on the corporate side I have observed that Haidermota & Co. is the best law firm on the basis of being proactive and efficient in the responses. The team is highly qualified and conscientious. The other aspect worth noting is that they are available to render opinions and advice around the clock which actually gives a lot of comfort to existing clients’.

‘Higher level of proficiency, intellect, sincerity and impeccable turn around time. I regularly work with Khozem Haidermota,  Shabbir Harianawala and Owais Aziz.  While Khozem and Shabbir don’t even need to be mentioned due to their stellar reputation, I would like to take this opportunity to stress on the fact that the resident partner of the Islamabad office Owais Aziz is extremely talented and committed to his work. He has a very good understanding of commercial issues and has out of the box solutions for complex matters. He is definitely someone who can be labelled as a go-to person for commercial deals’.

‘Haidermota is a full service law firm, meaning they have been able to cover multiple areas on transactions we have worked with them, including areas not anticipated at the start of the transaction. They are also responsive and open to input/debate on issues of Pakistan law. Shabbir Harianawala is our key contact and the comments made above are primarily attributable to him and his team’.

‘Haidermota & Co is perhaps one of the finest law firms in Pakistan. The firm has a deep pool of talent with excellent knowledge of Corporate M&A transactions. HMCo’s experience in a variety of investment structures and cross-border transactions make them our first preference for complex M&A transactions’.

‘Zahra Abid and Ali Masood have made themselves fully available during our transactions and respond to all queries in a timely manner, even if it may involve going beyond their scope of work. Zahra keeps the client’s interests front and centre. She is pro-active and identifies any potential regulatory issues early on in the process’.

Haidermota & Co (HMCO) is considered as one of the best corporate law advisors and litigators in Pakistan having significant experience in law. Being our official advisor on vital projects, HMCO’s advice and legal support are highly regarded. Despite covid-19 pandemic and related challenges, HMCO advice and legal support have not been affected; instead it is now also available via video conferencing in various modes that suit their clients the most‘.

Shabbir Harianawala is one of the  most renowned legal practitioners in Pakistan due to his thorough legal knowledge and vast practicing experience besides his accessibility to clients make him unique and better than other practitioners‘.

Key clients

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH

Cargill Inc

Tenaga Nasional Berhad (TNB)

Arif Habib Dolmen REIT Management Limited

His Excellency Nasser Abdulla Hussain Lootah

ArcelorMittal France

Vitol Group

Karandaaz Pakistan

Veon Group

Nasper Ventures B.V.

Lakson Venture Capital Fund

Askari Bank Limited; Faysal Bank Limited; Habib Bank Limited; Soneri Bank Limited; United Bank Limited; Allied Bank Limited; IGI Investment Private Limited; Habib Metropolitan Private Limited; Pak Libya Holding Company (Private) Limited; Summit Bank Limited

Pakistan Mobile Communications Limited

Fauji Oil Terminal and Distribution Co. Ltd

Abraaj Mauritius Oil & Gas SPV Limited (through its Liquidator (“Abraaj”)

Dawlance Group of Companies

Privatisation Commission through various Financial Consortium

OLX Global B.V

The Hub Power Company Limited (HUBCO)

Dalda Foods (Private) Limited

Sindh Engro Coal Mining Company Limited

Fatima Gobi Ventures

PolyOne Corporation

Mitsubishi Corporation

Mari Petroleum Company Limited

Procter & Gamble Pakistan (P&G)

Insitor Asia Impact Fund, 47 Ventures and individual local investors (“Investors”)

Arif Baigmohamed and Pir Saad Ahsanuddin

Work highlights

  • Acting as the legal counsel to DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, which intends to subscribe for 23,325,000 ordinary shares (around 19% shareholding) in a listed company in Pakistan, TPL Insurance Limited.
  • Acting as local legal counsel to a Singapore based entity, Cargill Group, in relation to the acquisition of a significant minority stake in Fauji Akbar Portia Terminal, a dry grain and fertilizer terminal in Pakistan at Port Qasim.
  • Advising Arif Habib Dolmen REIT Management Limited, a licensed Real Estate Investment Trusts (REITs) Management Company, with regard to the establishment of the first Developmental REIT Scheme in Pakistan.

Mohsin Tayebaly & Co

Mohsin Tayebaly & Co is one of the leading firms in the country for corporate and commercial transactions, with a particular emphasis on M&A, IPOs and private equity deals. In addition the firm has significant experience in advising on the incorporation and setting up of businesses in Pakistan. Irfan Tayebaly  leads the team that includes the other key partners Vaseeq Khalid and Mikael Rahim. The group receives a lot of plaudits from clients for ‘its approach to problem solving and its pro-active approach, for its critical thinking, unique problem solving skills, out of box thinking and round the clock availability‘. Mehreen Manto  is another well-established member of the group.

Practice head(s):

Irfan Tayebaly


‘MTC’s intellectual capital provides in our opinion the best commercial understanding of business, hence the law firm is able to provide top-notch deal-making solutions and smooth transaction closings. Clients & Financial Advisors often confront a risk of deals falling apart once the legal side steps in, this is many times overlooked but comes with experience, with MTC one is at peace that because the firm has tremendous experience of local & cross-border matters, all aspects will be handled with care, are result/performance oriented and cautious to put the client’s interest before the firms and not to just originate another transaction for themselves’.

‘MTC is in our opinion one of the best law firms, if not the best law firm in Pakistan. The fact they have a full service corporate and litigation team gives us/our clients the comfort that they are equipped to deal with all kinds of matters, hence MTC definitely has an edge over most of peer group firms who only have a niche expertise in particular areas of either corporate practice or litigation, but not a combined ‘one-stop service shop’. MTC has been involved in numerous cross-border transactions that we are aware of including many transactions in which we ourselves have been engaged as financial advisors‘.

‘Irfan Tayebaly is a long time and very dynamic industry leader, corporate lawyer and can always be counted on to provide incisive and commercially viable advice for deal-making. Vaseeq Khalid (Partner) is also a very renowned lawyer in the mergers & acquisitions and capital markets (debt and equity) space and is committed to providing exceptional results with remarkable turnaround times. Most of the associates and senior associates at the firm are excellent and provide timely support to the teams and clients‘.

‘Mikael Rahim is also worth mentioning given his increased involvement and solution-oriented approach on complex assignments. When it comes to boosting their credentials and the accomplishments of the Senior Partners / Partners like Irfan Tayebaly, Vaseeq Khalid to name a few, their subtle yet expert presence in almost every major transaction speaks for itself. All team members, especially the partners are very hands on and plugged in to every assignment‘.

‘The team has exceptional commercial awareness, the ability to translate commercial/business acumen into client solutions is the art imbedded in MTC’s DNA – the firm ensures that our objectives are achieved with the best possible legal structuring and professionally drafted and negotiated documents. This is MTC’s reputation of “transaction/service excellence’. In our opinion a key strength of MTC remains competitive pricing, and in my view that is also one of the reasons that the firm has such a large transaction volume and involvement‘.

We work closely with multiple law firms; however, the services provided by Mohsin Tayebaly & Co. clearly stands out from the rest. MTC has a highly experienced and dedicated team that is always available at short notice to provide legal advice and assistance. The turn-around time and quality of work is also impeccable as a result of which we can focus on our main work, knowing that the legal aspects of our work is properly covered by MTC. MTC also has a diverse team with expertise over every legal requirement that we have come across’.

‘However, despite being the best law firm we have worked with, when it comes to their fees, we have always been provided with flexibility; moreover, their fees are reasonable, which makes them the law firm of choice for all tasks no matter their complexity. Overall, MTC is our preferred legal firm. Their quality of service is unmatched in Pakistan and first on our mind when we have to recommend a legal firm to others’.

‘We primarily work with Irfan Tayebaly and Vaseeq Khalid and are extremely satisfied with the quality of their service and their dedication. Words may not be adequate to describe our appreciation for the efforts put in by  Irfan and Vaseeq who are always available and are the to-go people for legal advice. They are very well versed and provide comprehensive advice no matter the complexity of the case and have at times, gone beyond their scope of services in order to protect our interests‘.

Key clients

Habib Bank Limited

Saudi Bugshan Group

Karandaaz Pakistan

Vitol Group

The Searle Company Limited

Pakistan Stock Exchange Limited

Meezan Bank Limited

Lucky Group

Artistic Group

Engro Group


Orr, Dignam & Co.

Orr, Dignam & Co. has a strong corporate and M&A practice that routinely handles complex deals and reorganisations. It has been active too in advising on a number of technology, media and telecommunications matters. The skilled team regularly advises some social media platforms on a wide range of corporate and regulatory issues too. In addition it works closely with some foreign law firms and is adept at advising on issues such as shareholder issues, corporate governance and the incorporation of companies in Pakistan. Aliya Yusuf is one of the primary contacts at the firm.

Key clients

Uber Technologies Inc.

Fauji Foundation

BB Energy

Axiata Group Berhad

Pak-Arab Refinery Company Limited

Pakistan Petroleum Limited

Oil Companies Advisory Council

AerCap Holdings N.V.

Foundation Wind Energy Limited

DuPont Pakistan Operation (Pvt.) Ltd

Ericsson Pakistan Private Limited

The CBRE Group

Corteva Agriscience Pakistan

JC Penny

Nielson Holdings PL

Fererro SPA

CLSA Singapore

SK Capital Partners

Pakistan International Airlines

The ExxonMobil Group

RB Hygiene



Bestway Group Internal Reorganization

BBC Pakistan (Private) Limited

S&P Global Pakistan (Private) Limited

Marriott International

Work highlights

  • Advised AerCap on the acquisition of 100% shareholding of GE Capital Aviation Services Limited from General Electric Company and joint control over Shannon Engine Support Limited with Safran Aircraft Engines.
  • Advising Ericsson on a wide range of corporate and compliance matters.
  • Advising CBRE on a wide range of corporate and compliance matters.


RIAA BARKER GILLETTE is a full-service commercial law firm that is well-placed to handle cross-border commercial agreements and all associated issues such as competition, employment and IP matters. It has particular expertise in assisting clients in making greenfield and brownfield investments in Pakistan. Clients range from entrepreneurs to well established companies and not-for-profit entities. Bilal Shaukat  is among the key members of the team. Yousaf Khosa , Mazhar Bangash and Shafaq Rehman are also well-regarded.

Other key lawyers:

Mustafa Munir Ahmed


‘Awesome people. Mustafa Munir Ahmad is a thoroughly brilliant barrister and a cut-throat negotiator, but one of the most professional. One of the best legal minds of Pakistan ’.

‘Knowledge and turnaround time. Quick response and level of competence and understanding. I consider them more of my business partner than a legal team. The advice is more holistic based on the understanding of the business with future vision. They think out of the box with a detailed understanding of my business’.

‘Their in-depth study and understanding of corporate clients legal documents and the coordination throughout the assignment is indeed very important for the client. I’ve never experienced that the partners are pushing for payment instead they extend their level best cooperation and facilitation to the client in every aspect’.

‘We enjoyed a really friendly and cordial coordination with the partners. Mustafa Munir and Yousaf Khosa have been the best professionals we have had the business relationship with’.

The team is reactive and business oriented. Very professional and very good knowledge of the health sector‘.

‘They are available to their clients. Also, they create ‘spot on’ solutions. Their professionalism is the best in the market. We had the opportunity to work with Mustafa Munir Ahmed, partner in their Islamabad office. His timely performance and logical negotiation skills made us get what we wanted‘.

Knowing the limitations of the others /clients and then suggesting a solution in a very understandable way. The response to any issue is very prompt and gives a feeling that the practice team is just working on your issue’.

Key clients

Privatisation Commission, Government of Pakistan

Securities and Exchange Commission of Pakistan, Government of Pakistan

Thar Coal Energy Board

EA Consulting

Daelim Industrial Co. Limited

Sanpak Engineering Industries (Private) Limited

Sinohydro Corporation Limited

Master Builder Solutions (Private) Limited

BASF Pakistan (Private) Limited

Panasonic Marketing Middle East & Africa FZE

Vinci SA, a company incorporated in France, through Ernst & Young Société d’Avocats

Trifit Limited

Askari Bank Limited

Yellow Door Energy

Zahir Khan & Brothers

VentureDive (Private) Limited

Pak Wind Energy Association (PakWEA) – Trade Association of all Private Wind Power Producers

SIHT (Private) Limited

Sirat Microfinance Company

Sanpak Engineering Industries (Private) Limited

Sukkur Municipal Corporation

Trellis Housing Finance Limited

Taghleef Industries LLC

Flexible Packaging Association of Convertors of Pakistan

Khyber Pakhtunkhwa Textile Mills Association

Pakistan Association of Automotive Parts and Accessories Manufacturers

Work highlights

  • The firm, as part of a consortium, is advising the privatisation commission on the privatisation of SME Bank Private Limited (“Bank”). The scope of work includes conducting an extensive due diligence on the Bank, preparing necessary transaction documents, advising the client on the process of privatisation, including the application of public sector legislation.
  • Conducted an extensive due diligence for Vinci SA, a company incorporated in France, through Ernst & Young Société d’Avocats, of the activities of the subsidiary of the ACS Group operating in Pakistan through a branch office. The said subsidiary is a contractor to the National Transmission and Despatch Company Limited in the development of the CASA-1000 project. The review extended to inter alia an in-depth due diligence of the subsidiary’s operations in Pakistan including an analysis of tender documents, contracts and regulatory approvals procured in Pakistan.
  • Advised Daelim Industrial Co. Limited on the implications of the restructuring of Daelim on its different ongoing businesses in Pakistan. This matter required an extensive review of various agreements entered into by Daelim and applicable local laws. The team reviewed Daelim’s various contractual agreements and advised them on where they needed to novate or amend their existing agreements. It also assisted Daelim in preparing notices and applications to their contractual counterparties and any submissions and regulatory filings with various local governmental bodies in Pakistan on account of their restructuring.

ABS & Co. Advocates and Corporate Counsels

ABS & Co. advises on a broad range of matters from company acquisitions, mergers and due diligence exercises to advising on regulatory matters, tax and other issues such as health and environmental laws. The group frequently advises the boards of directors of public and private companies on diverse issues such as internal company policy decisions and directors’ duties. It has advised on a significant number of projects as well as advising some well-known clients in the telecommunication sector. Sarjeel Mowahid  leads the department in Lahore and Shahrukh Iftikhar heads the group in Islamabad. The associates in the team also garner praise. 

Other key lawyers:

Samar Masood ;Ahmed Reza Mirza


‘ABS & Co. is a team of professional lawyers who are committed to their work more than anything. Their strength is responsiveness, good and thorough research and above all proper legal guidance in the best interests of the client’.

We work very closely with Sarjeel Mowahid Minhas. He is responsive and is always a call away, no matter what time of the day. He is very well versed with the latest laws and judgments that are reported. All meetings with the firm are usually conducted under his supervision and led by him’.

‘The team is very cooperative and easily accessible. The turn around time is commendable as well’.

‘Samar Masood and Ahmed Raza Mirza are our contacts at ABS & Co for litigation and corporate advisory matters respectively. Both of them stand out amongst other associates and the partners. Their advice and turn around time are commendable’.

‘I found them professional, knowledgeable, hardworking and flexible‘.


Key clients

Bank of Punjab

Pakistan International Airlines

Precision Wellness LLC

Siddiqsons Group

SAMAA Pakistan

Highland Resorts, Zahid Traders

B ’N’ B Bread ’N’ Butter Private Limited

Imaraat Group of Companies

International Consulting Associates (Pvt.) Limited and World Bank

Siddiqsons Tin Plate Limited


German – Pakistan, Chamber of Commerce & Industry

Eye Button Company Pvt. Ltd.

Murree Brewery Company Ltd.

Engro Corporation Limited

Nazir & Sons

Habib Rafique Pvt. Limited

Future Development Holding Pvt. Ltd.

Smart Future Technologies Pvt. Ltd.

Smart Properties Pvt. Ltd.

Royal Developers and Builders Pvt. Ltd.

Pakistan Poverty Alleviation Fund

Heavy Mechanical Complex

Pakistan Microfinance Investment Company

Quaid-e-Azam Thermal Pvt. Limited

Samsons Group of Companies

Swat Tourism Company Pvt. Limited

Khyber Tobacco Company Limited

Punjab Population Innovation Fund

Punjab Skills Development Fund


China Ghezouba Group Company Limited

Work highlights

  • Advised International Consulting Associates (Pvt.) Ltd on a World Bank funded project with peculiarities concerning the relevant currency subject to World Bank guidelines and tenders granted, advising about joint ventures agreements and various tax matters subject to OECD’s guidelines (BEPS Action Plan) and their implementations at a local level in Pakistan.

Axis Law Chambers

Axis Law Chambers boasts substantial experience in mergers and acquisitions, equity purchases and issuances as well as structuring agreements that deal with shareholders’ rights. Other core areas of expertise include advising on takeover laws and obtaining merger approvals. It garners praise for its work on real estate transactions and has considerable strength in advising on foreign investment in Pakistan. In addition the team receives plaudits for its work on public sector development projects and project financing. The group has a solid reputation also for its work on digital payment systems and other forms of electronic money and fintech related issues. Mian Tariq Hassan is one of the primary contacts at the firm.

Other key lawyers:

Mian Tariq Hassan

Key clients

Privatisation Commission, Ministry of Privatisation, Government of Pakistan

Karandaaz Pakistan

Naya Pakistan Housing & Development Authority

Pakistan Railway Freight Transportation Company

State Bank of Pakistan

Ernst & Young

Pakistan Tourism Development Corporation

Engro Enfrashare (Private) Limited

One Source Maintenance (Private) Limited and Security Two Thousand (Private) Limited

Elphinstone Pakistan (Private) Limited

Planning Commission, Government of Pakistan

Work highlights

  • Engaged to assist with AsiaPak’s acquisition of TNB Power Daharki Limited (TPD) – a Mauritius based investment holding company – and indirect acquisition of TPD’s subsidiary TNB Liberty Power Limited (LPL), an independent power producer that owns and operates a 235 MW gas fired combined-cycle thermal power plant in Mirpur Mathelo, Ghotki District in Sindh Province
  • Its engagement with the SBP entails providing advisory services with respect to various regulatory and corporate matters pertaining to digital payment systems in Pakistan.
  • Engaged by Capventures Pakistan (Private) Limited to assist in structuring the transaction vis-à-vis the client and its affiliate company for the purposes of operations of the Häagen-Dazs outlets in Pakistan.

Kabraji & Talibuddin

Kabraji & Talibuddin is skilled at handling complex domestic and cross-border transactions and projects. Its portfolio of clients is varied and includes some leading banks, financial institutions in addition to national and international companies. The team has a strong presence too in the energy and power sectors. The practice frequently liaises with the Competition Commission of Pakistan on competition and antitrust issues. It has also been busy advising on funds and investment work across a broad range of sectors including fintech, logistics, retail, education, entertainment and travel. Kairas Kabraji is a leading figure in the department. Syed Ali Bin Maaz has a wealth of experience in corporate and commercial matters. Maheen Faruqui is also well-regarded.

Key clients

China Eurasian Economic Corporation Fund L.P

China Latin America Industrial Cooperation Investment Fund

CNIC Corporation Limited

Hub Power Holdings Limited

Hub Power Company Limited

Société de Promotion et de Participation pour la Coopération Economique (PROPARCO)

Shanghai Electric Power Company

Asaan Commerce (Private) Limited

Uch Power (Private) Limited

Uch-II Power (Private) Limited

Indus Partners (Private) Limited

Pakistan International Bulk Terminal Limited

China Machinery Engineering Corporation

Work highlights

  • Conducting legal due diligence for China Latin America Industrial Cooperation Investment Fund, CNIC Corporation Limited and China Eurasian Economic Corporation Fund L.P of the Karot and Kohala hydro power projects established in Pakistan, for the purposes of an equity investment in the parent companies.
  • Advising on an equity investment by International Finance Corporation in Pakistan Mortgage Refinance Company Limited – this is by way of a subscription of 50,000,000 shares in PMRCL, representing approximately 12% of the total issued share capital of PMRCL.
  • Advising on an acquisition by PROPARCO of a majority shareholding of Advans Microfinance Banks across the world in locations such as Cameroon, Ghana, Brazil, Myanmar, Pakistan etc.

Qureshi Law Associates

Qureshi Law Associates specialises in advising on takeovers and joint ventures for large and complex projects particularly in the energy and infrastructure arena. It frequently advises on the incorporation of companies as well as advising on other issues such as legal due diligence and shareholder agreements.  Adnan Aslam Qureshi heads the practice that also frequently handles corporate restructurings, capital increases and reductions as well as providing regulatory advice to major corporates.

Practice head(s):

Adnan Aslam Qureshi


‘QLA has good client service and commercial awareness. Overall the firm is good and has good professional relations with Government Departments, which makes the level of service excellent. Adnan Qureshi really impressed us. He is very sincere & loyal with his work, and has tremendous legal knowledge’.

Key clients

Hydrochina Dawood Power (Pvt) Ltd

Sino Energy Consortium

China Three Gorges

Next Vision (Pvt) Ltd

Red Sea Petroleum (Private) Limited

IPS Solar Park-IPS 22 (Pvt) Ltd

Tianjen Energy (Pvt) Ltd

Pakistan Power PV 01 (Pvt) Ltd

IPS Solar Park- JA 24 (Pvt) Ltd

K1 Solar (Pvt) Ltd

Work highlights

  • Advised Tianjin Energy Investment Group Co. Ltd on various matters such as the acquisition of 24% of the shares of an existing project company establishing a 300 MW coal power project.
  • Advised Hydrochina Dawood (Pvt) Ltd  on various matters relating to a significant wind power project.    
  • Hired by Sichuan through their China based lawyers Deheng Law Firm to provide Pakistani law assistance for acquiring Oracle Plc, owners of an integrated coal mine cum power plant of 700 MW located in Sindh, Pakistan.        

Vellani & Vellani

Vellani & Vellani advises on the full spectrum of corporate and commercial matters. Its clients include listed and unlisted public companies as well as private companies, partnerships and single-member companies, as well as not-for-profits. Its national and international clients operate across a broad range of sectors such as pharmaceuticals, banking (including microfinance), chemicals, power and energy. It also has considerable strength in other sectors such as natural resources, civil aviation, information technology and textiles. Badaruddin Vellani is vastly experienced in all aspects of corporate and commercial law and has been the lead partner on a number of significant transactions recently.

Ahmed & Qazi

Ahmed & Qazi continues to advise various government-owned entities as well as local and multinational companies on a broad range of issues. With Nazif Ahmed at the helm, the team frequently advises on the acquisition and disposal of assets, companies and shares as well as advising on day-to-day corporate governance issues. The group often advises on other issues such as the transfer of shares and the payment of dividends. In addition the nimble team works with various Chinese entities and has advised numerous local and international companies on the creation of joint ventures in Pakistan.

Practice head(s):

Nazif Ahmed

Key clients

Lotte Chemical & Lotte Chemical Pakistan Limited

China Pakistan Investment Corporation

Geo/Jang Group

China Three Gorges, Pakistan operations

HydroChina International Engineering Co. Ltd

KPMG Taseer Hadi & Co.

Tata Group

Landmark Spinning Industries Limited

The Second Construction Company Limited of China Construction Third Engineering Bureau

China Shipbuilding Industry Corporation

Capital Assets Leasing Corporation Limited

Shanghai Electric Power Transmission & Distribution Engineering Company Limited

Yamaha Motors Pakistan (Private) Limited

Institute of Business Administration

Azgard Nine Limited

Appstirr LLC

Port Qasim Electric Power Company Limited

Vision Group

Taung Gold International

Quality Aviation

BIPL Securities

First Credit and Investment Bank Limited

General Tyre and Rubber Company Limited

TPL Securities

Paramount Consultancy

Yamaha Motors

Work highlights

  • Acted as legal counsel for the court merger of Dawood Industries (Pvt) Ltd into Dawood Corporation (Pvt) Ltd.
  • Advising a Chinese SOE in its disinvestment of the majority stake in 49.5 MW wind farm project company.
  • Conducting a due diligence exercise on behalf of China Three Gorges, branch office.

Cornelius, Lane & Mufti

Cornelius, Lane & Mufti fields a ‘great team of professionals’ that advise across the full gamut of corporate and commercial matters. It regularly represents its clients, including local and international businesses, in drafting and negotiating vendor supply contracts, and on other matters such as joint ventures and concession agreements. Head of department is Salman Butt, who has a wealth of experience in mergers and acquisitions as well as all aspects of international business transactions. Shehzad Elahi and Munawar Us-Salam are among the other primary contacts at the firm.

Practice head(s):

Salman Butt


Professional, humble and good mannered ‘.

‘They have a very capable and strong team. They are always willing to go the extra mile to facilitate their client. Their in-depth knowledge and rich experience makes them a ‘go to’ practice in Pakistan. Knowledgeable yet polite. A great business partner, who always provide sound advice‘.

‘The only Lahore based law firm with extensive experience in M&A practices. They can evaluate the transaction with a commercial acumen- A Shehzad A. Elahi‘.

The team is available at short notice and always willing to put in long hours at very short notice. They are very well coordinated amongst themselves and very well prepared before any call or meeting with other parties. As a team they carry many strengths across all practice areas, including corporate work, M&A, Tax, IP, etc. The partners at this firm are not just one of the best in the country, but on a par with the best in the world. They have a deep well-rounded understanding of corporate matters and think outside the box. We engaged the firm along with a Magic Circle firm on an M&A deal and they added tremendous value to the transaction. They were thinking of the impact across multiple dimensions and on both the short and long term perspective‘.

Team is professional and works in a professional manner. Team has the capability to handle our cases very well. Munwar us Salam is a hard worker, dedicated to the assigned task and responsive‘.

‘In my assessment of knowing the team over the last decade in the capacity of head of legal & corporate affairs of two major companies the team at Cornelius, Lane & Mufti (CLM) is highly qualified, professional and knowledgeable in their areas of expertise. Responsible, well experienced, knowledgeable and well experienced. Stand-out partner is Munawar-us-Salam‘.

Cornelius, Lane & Mufti is one of the oldest and top law firms of Pakistan. The team’s main strength is its professionalism and hard work they put in for you.  I have been fortunate enough to work with Waleed Khalid. During my interactions with Waleed I found him to be a very good legal practitioner, his legal knowledge, law acumen, hard work are some of the main qualities he possesses as a lawyer. His hard work and grip of laws of Pakistan and international laws surely sets him apart from his competitors. Waleed is not only capable of giving you sound legal advice but is also fully capable of appearing before a court of law on your behalf. Having worked with many law firms in my different jobs as an in-house legal counsel, I will surely rank Waleed in top law practitioners in Pakistan‘.

Great team. Shehzad Elahi is the best corporate lawyer in Pakistan‘.

Key clients

Treet Corporation Limited

Packages Limited

JDW Sugar Mills Limited

Almoiz Industries/Thal Industries

Pak China Investment Company Limited

Nishat Group

Three Star Group of Companies

Space X Technologies (US)

Novartis Asia Pacific (Singapore)

Spirax Sarco Engineering (UK)

Baker & Mckenzie (London)

Sahara Petrochemicals (KSA)

Al-Khafra Holdings Group (KSA)

Abacus Consulting (Pak)

SRC (Private) Limited (Pak)

Ingot Brokers (Aus)

Ekland Marketing Company (US)

German Donar Kebab (UK)

Descon Engineering Limited

City Schools (Private) Limited

Coca Cola Beverages Pakistan Limited

National Power Parks Management Company (Pvt.) Limited (NPPMCL)

ABB Power & Automation (Pvt.) Limited

EMPG Group (UAE)

Zameen Media (Pvt) Limited (Pak)

Uber Technology Systems Pakistan (Pvt) Ltd (Pak)

Uber International Holding B.V. (Netherlands)

Augmentic Business Solutions (Pvt) Ltd (Pak)

Frontier Car Group Inc. (USA)

Transworld Associates (Private) Limited (Pak)

Jotun Powder Coatings (Private) Limited

Chaoyang Long March Tyre Co. Ltd (LMT)

Ecolean Pakistan (Private) Limited

Work highlights

  • Advised Treet Corporation Limited on the sale of its wholly owned subsidiary Global Arts Limited, which is involved in the business of real estate and leasing. Work involved pre-sale due diligence and drafting and negotiating the share purchase agreement.
  • Advising ABB Power & Automation (Pvt.) Limited on a scheme of arrangement for the merger of two entities in Pakistan, including drafting the relevant applications to be filed with regulators and the Court.
  • Advised EMPG Group and its various group companies on their merger at regional level with OLX Group resulting in the merger of their assets in the MENA and South Asia regions to form a $1bn Dubai based tech company.

FGE Ebrahim Hosain

FGE Ebrahim Hosain advises leading national and multinational corporations as well as regulatory institutions. The team frequently works with some major international law firms on significant projects and deals such as financial restructurings, mergers and acquisitions as well as shareholder disputes and winding-up petitions. Lahore-based partner Khwaja Ahmad Hosain garners considerable praise for his work on a variety of major commercial transactions. Zaki Rahman and Chaudhary Muhammad Usman  are among the other notable members of the team.

Other key lawyers:

Haroon Jan Baryalay


‘One of the stand out firms in Pakistan. Ahmad Hosain has an excellent reputation and a deep level of experience’.

I have had the pleasure to engage Haroon Jan Baryalay, partner of the Firm’s Islamabad Office, on a complex corporate restructuring and shareholder dispute involving our Middle East, Pakistan and North Africa business. The advice he provided covered both Pakistani law and UAE law aspects, which were consistently prompt, accurate and based on an understanding of the underlying commercial realities. In addition, he assisted us to engage international legal counsel with whom we worked closely as a team to resolve the dispute and execute settlement agreements. I would not hesitate to recommend Haroon as a first-class lawyer‘.

We value FGE | Ebrahim Hosain’s continued commitment towards our needs and appreciate the provision of valuable and reliable legal advice which is not only well-researched and well-backed by law but also commercially practical. The firm’s extensive experience and vast knowledge in corporate and legal matters ensures delivery of services of the highest quality, be it in terms of negotiation and finalisation of commercial bidding processes and contracts‘.

The firm’s partners, Ahmad Hosain and Zaki Rahman, are extraordinary intellectuals who are fully engaged and hands-on about all the assignments they undertake for us and the entire team is brilliant to work with in terms of their hard work, professionalism and responsiveness. We can always rely on their support‘.

‘We have worked closely with FGE Ebrahim Hosain and have relied on their services for over more than a decade. They have a refreshingly commercial and pragmatic approach to problem solving and always put their clients front and centre. The team at FGE Ebrahim Hosain is extremely personable and efficient as well as very experienced in the areas they work in. The firm’s partners Ahmad Hosain and Zaki Rahman have both been phenomenal lawyers to work with over the years’.

‘Clients always rate it highly. Ahmad Hosain and Zaki Rehman are very much committed to their clients and they visit the clients’ office without hesitation‘.

Khwaja Ahmad Hosain and his law firm FGE Ebrahim Hosain at Lahore have been diligently acting for us for more than 10 years. His performance is remarkable, and I have seen his law firm working with full dedication and interest. He always handles each and every intricate issue with thorough professionalism. He has indefatigable energy, he is articulate and has excellent drafting skills‘.

Key clients

Pakistan Cricket Board

Sui Northern Gas Pipelines Limited (SNGPL)

Mazars Consulting

Yellow Door Energy

Augmentcare (Pvt.) Limited and Apothecare (Pvt.) Limited

Inbox Business Technologies Limited

Presson-Descon (Pvt.) Limited

Work highlights

  • Its senior partner, Khwaja Ahmad Hosain regularly advises the Pakistan Cricket Board on International Cricket Council matters including forthcoming international events. This includes coordinating with Clifford Chance LLP on Pakistan law matters in connection with various contentious issues faced by the Pakistan Cricket Board.
  • Khwaja Ahmad Hosain is legal counsel for Sui Northern Gas Pipelines Limited in connection with drafting, vetting and negotiating various gas supply agreements. The firm also advises the client in matters pertaining to supply of RLNG.
  • Its partner, Zaki Rahman, is legal counsel for Yellow Door Energy (a multinational solar energy solutions company headquartered in the United Arab Emirates) in connection with various matters related to setting up business in Pakistan including advice on corporate structuring, power purchase agreements and EPC contracts.

Ijaz Ahmed & Associates

Ijaz Ahmed & Associates advises an array of notable clients and also works closely with a number of international law firms. Ijaz Ahmed and Altaf Qureshi  are both well-respected practitioners. The agile team frequently advises on diverse matters such as public offerings, regulatory compliance and privatisations. The practice also has considerable strength in the energy and telecoms sector.

Practice head(s):

Ijaz Ahmed ; Altaf Qureshi


‘The firm is responsive compared to other Karachi based law firms that we use and provides more partner led input on important client matters. We are very happy with the support provided by Ijaz Ahmed and Altaf Qureshi’. 

‘Led by the excellent Ijaz Ahmed, Ijaz Ahmed & Associates is particularly strong at advising on corporate, regulatory, tax and financial matters and has produced excellent results in litigation specifically in relation to banking recovery, tax and regulatory matters’.

The client-focused and commercially-minded team is noted for its prompt and practical advice to corporations drawn from a broad range of industries. Of note, the firm offers agility in decision making along with proactive and personalised service to its clients. One of the stand out features is the flexibility of availability at short notice and being very responsive to managing client’s needs‘.

‘The firm’s team strives hard to provide its clients  with solution -based advice and in particular its partner, Ijaz Ahmed is a very respected, humble, able, clever lawyer who not only excels as a litigator but also has a very deep legal knowledge about the law and emerging trends. What distinguishes him from others is his ability to explain complex law in a straightforward manner and to provide very practical and actionable advice’.

Key clients

Bank Alfalah Limited

Standard Chartered Bank Pakistan Limited

Faysal Bank Limited

Colgate-Palmolive Pakistan Limited

Philip Morris (Pakistan) Limited

Engro Corporation Limited

Pakistan Telecommunication Company Limited

Telenor Pakistan (Private) Limited

Pakistan State Oil Limited

Nestle Pakistan Limited

Liaquat Merchant Associates

Liaquat Merchant Associates regularly advises multinational companies and foreign clients on the full spectrum of corporate and commercial matters. The team is vastly experienced on issues as diverse as corporate governance and regulatory compliance in addition to joint venture arrangements, mergers and acquisitions and liquidations. Other strengths include advising on de-mergers, preparing schemes of arrangements and obtaining pre-merger approvals from the Competition Commission. It has particular expertise in the pharmaceutical sector and the group frequently represents bidders in various privatisations in Pakistan. Faresa Jafarey Ahsan heads the department.

Practice head(s):

Faresa Jafarey Ahsan

Key clients

Go Petroleum Limited

Sui Southern Gas Company Limited

Bank AL Habib Limited


Hascol Terminals Limited

Archiving Data Solutions (Private) Limited

Ernst & Young Germany

Bahria Classification Society

Pakistan LNG Terminal Limited

Dow University of Health & Sciences

Pi Pakistan (Private) Limited

Work highlights

  • Advised the sponsors on the repurchase of the investors’ shares (Vitol Dubai) in the company in a transaction that is worth around $15m.
  • Advised VTTI B.V on an equity financing by the issue of further shares and highlighting various scenarios under the relevant laws and identifying procedures and procedural challenges in respect of each of the scenarios. The client is a foreign shareholder in a local company in the oil and gas sector and the advice rendered considered the foreign shareholder’s control over the said company.
  • The firm has been engaged by Hascol Terminals Limited on a retainer capacity and furnishes opinions from time to time, including advice on contracts of the client with third parties and advice and services relating to corporate secretarial matters as well as representations/ communications with the Companies Registry, the Securities and Exchange Commission of Pakistan.

A. Qadir & Company

Under the leadership of Ehtisham Qadir and Hannia Dawood, the excellent team at A. Qadir & Company acts for a range of entrepreneurs and government institutions. Other key clients include retailers, listed companies and industrial conglomerates. The team advises on issues such as joint ventures, concession agreements, intellectual property matters as well as other issues that arise under public-private partnerships. Qadir has particular expertise in energy, oil and gas. Dawood is a name to note for her work on a broad range of issues such as telecommunications matters and foreign exchange regulations.

Practice head(s):

Ehtisham Qadir ;  Hannia Dawood

Key clients

Premier Cables (Private) Limited

Brightmont (Private) Limited

MBI Industries (Private) Limited

Shields (Private) Limited

Dadabhoy Investments (Private) Limited

HMR Waterfront (Private) Limited

Bimslink Information and Management Services

Itanz Technology (Private) Limited

Kasib Associates

DYL Motorcyle Limited

Stahl Pakistan (Private) Limited

Sindh Economic Zone Management Company

Board of Investment, Prime Minister’s Office, Government of Pakistan

Khaadi Corporation (SMC-Private) Limited

Weaves Properties (SMC-Private) Limited

Khaadi Pakistan (SMC-Private) Limited

Pie in the Sky (Private) Limited

Fidelity Insurance Brokers (Private) Limited

M-Liberty Insurance Brokers (Private) Limited

K-Kitchen (SMC-Private) Limited

Professional Associates (Private) Limited

Sukkur Beverages (Private) Limited

Iqbal Usman Kodvavi Securities (Private) Limited

EA Consulting (Private) Limited

Relacom Services (Private) Limited

F&M Ventures (Private) Limited

Dolmen Real Estate Management (Private) Limited

Associated Constructors Limited

ACL Capital (Private) Limited

H2 Ready-Mix (Private) Limited

China Yuncheng Plate Making Company (Private) Limited

Sukkur Beverages (Private) Limited

Amin Tai (Private) Limited

Akhtar Eye’s Hospital (Private) Limited

Dial Zero (Private) Limited

Hashim & Razia Sons (Private) Limited

Waste 2 Energy Pakistan (Private) Limited

Oceanic Constructors Pakistan (Private) Limited

Work highlights

  • Drafted a standard supply agreement for Premier Cables (Private) Limited to be executed with all their customers across Pakistan and worldwide.
  • Acted for Bimslink Information and Management Services in drafting, commenting and amending the teleservices agreement with ePlanet Communications Inc. to provide call centre services including inbound customer support calls and emails for assistance with COVID test results.
  • Assisted Modular Energy (SMC-Private) Limited with the registration of its trademark with the Trademark Registry, Intellectual Property Organisation, Government of Pakistan.

AwaisLaw DRT

AwaisLaw DRT has been busy advising its clients on some key corporate and commercial matters in addition to various projects and public private partnerships. The team also has considerable skill in blockchain technology. Head of department Ali Awais is vastly experienced in advising foreign investors, sponsors and financial institutions as well as real estate developers on corporate finance matters, cross-border investments and other issues such as micro-finance and privatisation. Awais has particular expertise in infrastructure related project finance.

Practice head(s):

Ali Awais


Ali Awais has been extremely supportive and helpful. Both in person meetings and also in online interactions’.

Ali Awais has always given exceptional service. He is easy to work with and has a great manner. He is very knowledgeable and his advice is always steered to problem solving and coming up with appropriate solutions to issues that arise rather than just pointing out the issues. His drafting skills are excellent’.

‘The team is experienced and competent. The team is willing to take up challenging tasks and handle them professionally’.

The best part was that it was extremely smooth. They took over all the matters and delivered end to end service in a very efficient way. They were very well organised. Most of the things were done digitally with collaboration tools. Staff/lawyers were very proactive, responsive and on top of things. Most of all transparent billing. Senior Partner Ali Awais was the main person who dealt with us and he was outstanding’.

‘AwaisLaw DRT is the team of thorough professionals who are well versed and updated with the local and international laws. The approach of the entire team is very focused with the legal matters referred to them and they always come up with a positive, relevant and result oriented approach’.

‘They have this unique ability to understand their client’s commercial requirements and advise accordingly’.

‘Ali Awais is the partner we have worked with. We have found him to be diligent and professional. He takes the time to understand our requirements and provides a practical solution to the issue at hand’.

Key clients

Asian Development Bank

Oxford Policy Management Limited (OPM)

The World Bank

Defense Housing Authority (DHA)

Ansaar Management Company

Punjab Ring Road Authority

MobileLive Inc / ZSystems (PVT) LTD

Puma Energy Limited

Bio Tech (Pvt) Ltd

Punjab Public Private Partnership Authority

Hystra/ Bill and Melinda Gates Foundation

Rawalpindi Development Authority

FLSmidth (Pvt.) Ltd

Faysal Bank

Faysal Asset Management Company

Allied Bank

Bank of Punjab

The Bank of Khyber

Bank Alfalah

Diamond Paint Industries (Pvt.) Ltd

Shakarganj Food Products Ltd.

Zarai Tarakiati Bank Limited

BOPA Microfinance

Ravi Riverfront Urban Development Authority

Naya Pakistan Housing and Development Authority (NAPHDA)

Khushhali Microfinance Bank Ltd.

Tahir Group of Companies (Supreme Aluminium Industries)

Punjab Housing and Town Planning Agency

Philip Morris Limited

Fursa Consulting

Kronos (Pvt.) Ltd.

Access Group DWC LLC

Art Divvy Foundation

Wasl Investments Limited

Cashew Payment Technology Limited

Elimic Enterprises (PVT) LTD

Rahnuma – Family Planning Association of Pakistan

Inbox Business Technologies Limited

Daniel Wellington AB

International Finance Corporation (IFC)

Fatima Group

Bhandari Naqvi and Riaz (BNR)

Bhandari Naqvi and Riaz (BNR) advises clients across the full spectrum of corporate, banking and intellectual property matters as well as on domestic and foreign investments. The team is well-versed in all aspects of commercial agreements such as joint ventures, shareholders agreements, share purchase agreements and franchise agreements. It also garners praise for its work on private equity fund formations and for its venture capital work. Lahore-based senior partners Uzair Karamat Bhandari, Feisal Hussain Naqvi and Iftikharuddin Riaz head the department.

Other key lawyers:

Ameer Hamza Dogar


‘BNR ensures the client is made aware of all relevant aspects of the matter and encourages the client to go through each pertinent law that may apply, explaining everything along the way. This thorough approach may be more time consuming and BNR ensures its team dedicates that time to the client. BNR is also very connected with regulatory bodies and up-to-date with current provisions of each law. Its ability to quickly identify and update what applies to the matter at hand is exceptional‘.

‘Iftikhar Riaz makes every effort to understand the depth of the matter and quickly picks up the nuances that can easily be missed by other counsel. His patience in getting to the bottom of the matter and keeping all options open, including those that may not be necessarily relate to the law, is refreshing. He will repeatedly amend drafts as required by the client until both the legal position and the client’s demands are presented in a balanced manner‘.

‘One of the things we appreciate about BNR is the high ethical stance that it takes; in Pakistan, not all legal firms follow the same standards. Iftikharuddin Riaz is an outstanding lawyer whose knowledge of both Pakistani law and that of other parts of the world, has been very helpful. He offers excellent advice, and is not afraid of ‘telling it like it is’ – a trait that I find particularly helpful‘.

‘They are well versed in the legal and governance requirements surrounding M&A. They have good partnerships with external consultants on matters of taxation, group holding structures, etc. Overall, I am pleased with the work that BNR is doing for us so far for our M&A needs. I have been working with Feisal Naqvi (Partner) on this stream of work, and he is excellent at covering all aspects of our requirements‘.

‘We have been working with BNR for more than 19 years. Over the years we stayed with them owing to the impressive, knowledgeable and timely support provided to us. All partners are thorough, knowledgeable and professional. Their advice is always according to the law. In the current pandemic situation they remained in touch with us through tele conference and other means of communications. They were always available for us. The quality of their advice and work ethic is superior to almost all others‘.

‘All the partners are knowledgeable, their integrity and work ethic are most reliable and professional.  Ameer Hamza Dogar is a good first call in a number of issues‘.

Key clients

Punjab Beverages Company (Private) Limited

International Council for Commercial Arbitration

Tabadlab Private Limited

Lake City Holdings (Private) Limited

MidCity Housing (Private) Limited

The Salvation Army

Variant Architecture

Samsung EC Pakistan (Private) Limited; Samsung Gulf Electronics FZE; and Samsung Electronics Company Limited

Packages Real Estate (Private) Limited; and Packages Limited

Outfitters (Private) Limited

Careem Networks Pakistan (Private) Limited and Xpress Drive (Private) Limited

Service Sales Corporation (Private) Limited

Matrix Sourcing

Infotech (Private) Limited

Cinepax Limited

Securities and Exchange Commission of Pakistan

Work highlights

  • Advised Lake City Holdings (Private) Limited and MidCity Housing Private Limited and drafted transactional agreements in relation to the development of a housing scheme spanning over 77 acres in Lahore, which is currently valued at $1bn.
  • Advised Outfitters (Private) Limited in relation to its conversion from a partnership to a private company and the resultant restructuring of its rights and liabilities.

Khalid Anwer & Co.

The team at Khalid Anwer & Co. is frequently instructed to act in complex corporate and M&A transactions and has a strong track record of working with a significant number of large industrial conglomerates in Pakistan. Raashid Anwer  is one of the key members of the team. Yousuf Nasim also garners praise for his work with clients on various issues such as shareholders’ rights, competition law and all other aspects of company law. The group is also adept at advising on group restructurings and on various regulatory matters.

Practice head(s):

Raashid Anwer ; Yousuf Nasim


‘Excellent team, well versed with industry wide issues in corporate sphere.  Special thanks to Raashid Anwer’.

Key clients

Naveena Industries Limited

National Foods Limited

Arif Habib Group

Naymat Collateral Management Company Limited

Sapphire Group

Sanofi-aventis Pakistan

Central Depository Company (CDC)

Mashreq Bank UAE

Work highlights

  • The team has been closely involved with Pakistan’s first Collateral Management Company which has recently commenced operations to introduce a dematerialised electronic warehouse receipt regime. In this context, the team has not only worked with the Securities and Exchange Commission of Pakistan to draft the initial regulatory framework but has also advised the International Finance Corporation (as local law experts) so as to enable the IFC to advise the Government of Pakistan in this regard.

Raja Mohammed Akram Co.

Raja Mohammed Akram Co. regularly advises clients on mergers and acquisitions as well as joint ventures and other commercial agreements such as shareholders’ agreements. The team also has a solid reputation for its work on corporate governance and regulatory compliance matters. In addition the group frequently represents its clients before various regulatory authorities such as the Securities and Exchange Commission of Pakistan, the Competition Commission of Pakistan, the State Bank of Pakistan and the National Electric Power Regulatory Authority. Aneesa Agha and Umer Akram Chaudhry who are both based in Lahore are the names to note.

Practice head(s):

Aneesa Agha ; Umer Akram Chaudhry

Other key lawyers:

Basil Nabi Malik


The team is integrated and highly skilled with various areas of practice. They are accessible. Umer Akram Chaudhry is professional and is thorough, approachable and helpful while Aneesa Agha is also very learned‘.

‘Timely actions and updates regarding cases is a unique trait of RMA & Co. they have been providing ideas and solutions to the legal issues in unique way. Basil is very capable and competent‘.

‘I believe they have a blend of experienced and young professionals. The experienced people have in depth knowledge and the new people bring in new technologies and latest developments in the profession. Further, they have people having local as well as foreign qualifications, which gives them the edge over other professional firms. Akram & Aneesa Agha. Both have great knowledge and experience. They spend time to understand the case and are used to doing great research on the case‘.

Key clients

Pakistan Petroleum Limited

Institute of Chartered Accountants of Pakistan

Independent Media Corporation Pvt Ltd.

Independent Newspaper Corporation Pvt Ltd.

M/s Mansoor Engineering Services

Nasys Intl. Co. Pvt Limited

Psychic Systems (Private) Limited

Fatima Fertilizer Company Limited

Mahmood Group of Industries

Hyundai Nishat Motor (Private) Limited

MCB Bank Limited

Roomi Enterprises (Private) Limited

Work highlights

  • Representing the Institute of Chartered Accountants of Pakistan in proceedings before the Competition Commission of Pakistan in relation to alleged price fixing.
  • Advising a software company (Psychic Systems (Private) Limited ) on corporate structuring, shareholders’ agreements and patent applications.
  • Advising Roomi Enterprises (Private) Limited on the acquisition of a minority shareholding in a power generation company.