Khalid Anwer & Co. > Karachi, Pakistan > Firm Profile

Khalid Anwer & Co.
153-K, BLOCK 2
PECHS
KARACHI
Pakistan

Pakistan > Dispute resolution Tier 1

Khalid Anwer & Co. has an excellent reputation for its work on a variety of high-profile constitutional and commercial disputes under the direction of Khalid Anwer and Raashid Anwer . Anwer regularly appears before the Supreme Court and the High Courts on a number of constitutional and commercial matters on behalf of clients from a wide range of industries including insurance, fertiliser, textiles and pharmaceutical. He has also represented various clients in a number of domestic and foreign arbitrations. Syed Mustafa Ali  is another known name; he advises and represents clients before the High Courts on a range of constitutional, banking, commercial and employment matters. Jawad Qureshi  is also well-regarded and frequently appears before the High Court as well as the administrative courts of Pakistan.

Practice head(s):

Testimonials

‘Their service and their availability for their clients. We found them to be extremely responsive and always available to provide advice.

‘Khalid Anwer & Co is the biggest name in the legal fraternity. Their out of the box thinking and during constant link with the clients during COVID-19 have made them choice counsel for companies like us. The team members bring with them a diverse knowledge base which is beneficial for the clients. We have worked with all the team members of the law firm and have found all of them very professional and through in their work‘.

Khalid Anwer is our to-go firm for high-value; complex litigation. The firm has rich legal experience and is regarded as one of the best litigation/dispute resolution law firms in Pakistan. The firm is very clear in its advice to clients and sets fair expectations upfront. No surprises. The team is hands-on, ever accessible and they never compromise on quality‘.

‘I would highly recommend Habib Kazi and Raashid Anwer at the Firm. Habib is extremely responsible and responsive and has a meticulous eye for detail. It is always a pleasure to work with Habib. Raashid is an excellent counsel – highly regarded not just within the fraternity but also the judiciary. Both Raashid and Habib are very transparent in their advice to the clients. We regard them as our trusted advisors’.

‘Khalid Anwer & Co. has been a long time industry leader in the legal fraternity due to the calibre and achievements of the senior partner, Khalid Anwer. This firm is the counsel of choice for many large enterprises, and it is a class apart from the other firms in the market. We’ve always found this firm to be incredibly accessible in communication, shrewd in advice and superb in maintaining a delicate standard of care few firms can rival. Potential clients can rest assured that their legal needs will more than adequately be served by the firm’s competent employees’.

We have mostly dealt with Raashid Anwer, who is the Managing Partner of the firm and Jawad Qureshi, who is a Partner of the firm. They have been a joy to work with due to their pleasant personalities, and their counsel has been of immense use to us. They have a tendency to conjure up innovative and creative solutions to unique legal problems that will best rectify the hazardous situations businesses may find themselves in. Most importantly, we deeply value the respect shown to us by the firm in general and by Mr. Anwer and Mr. Qureshi in particular‘.

‘They have a team of expert individuals well versed and highly experienced in their field of law and very prompt in responding. Their response time is very prompt, their legal advice is very beneficial‘.

‘The team is comprised of professionals and with full backup of the office to support client needs, well equipped to meet corporate clients’ way of work. Very presentable and understanding of how to deal with foreigners and suggesting possible options to decide upon‘.

Key clients

Pfizer Pakistan Ltd.

Lucky Energy (Pvt.) Ltd.

Sindh Education Department.

Pakistan International Bulk Terminal.

Arif Habib Group

Teradata Pakistan

Teradata Ireland

Sapphire Textile Mills Limited

Gul Ahmed Textiles Mills Limited

Umer Group of Companies

Naveena Exports Limited

Naveena Industries Limited

Ismail Industries Limited

National Foods Limited

ATC Technology Consultants

Lucky Tex Pakistan (Pvt.) Limited

Continental Biscuits Limited

Mashreq Bank UAE

Work highlights

  • Successfully acted for Pfizer Pakistan in an appeal about a decision of the Drug Appellate board which went all the way to the Supreme Court.
  • Currently representing Pakistan International Bulk Terminal (PIBT) in a dispute with the Competition Commission of Pakistan (CCP).
  • Successfully defended Lucky Energy (Pvt) in a major case that was filed by K – Electric.

Pakistan > Tax Tier 1

Khalid Anwer & Co. works with a variety of major industrial and financial services conglomerates in Pakistan and as a result often represents them in high-profile tax litigation. The team has particular expertise in infrastructure cess cases, gas development cess cases, the workers’ welfare fund and workers’ participation fund disputes. The agile team is adept at handling a broad range of disputes too about sales tax on services. Raashid Anwer  and Jawad Qureshi  lead the team.

Practice head(s):

Other key lawyers:

Testimonials

‘Very competent legal team and all matters referred to it are immediately responded to‘.

‘Excellent team‘.

‘We have been working with Khalid Anwer & Co. for many years. They provide us with expert advice and legal services in relation to tax matters. We have found the team at Khalid Anwer & Co. to be very professional, knowledgeable and approachable. They worked extremely hard on our cases from beginning to the end. We highly recommend this firm ’.

‘Adil Saeed . is very insightful and is an expert in his field. He did a fantastic job helping us with a tax issue recently. His work ethic, proactive communication and attention to detail make him a great lawyer’.

‘Khalid Anwer & Co firm is one of Pakistan’s renowned law firms that represents high value corporate clients as well as individual clients at different levels from the High Courts up to Supreme Court of Pakistan and is regarded as senior & competent associates of the legal community’.

‘The firm has numerous skilled taxation practitioners and is involved in leading tax litigation in the country. They have secured favourable judgments for our company for sales tax and customs duty cases at the Provincial and Federal level’.

‘We have worked primarily with Raashid Anwer who stands out particularly due to his availability and effort he puts in to guide the company on any query we have. He will always make time for a meeting or a phone call whenever requested, no matter if he is travelling or busy with another case. The firm is also quick to update us if there is an issue they are working on that might be applicable to the company as well. Through this, they have alerted us to some matters that our finance team was not yet aware of, and have helped protect the company’s interest in a timely manner‘.

Key clients

Pakistan Telecommunication Employees Trust.

Pepsi Cola International.

Gul Ahmed Textile Mills Ltd.

Procter & Gamble Pakistan (Pvt.) Ltd.

Fatima Fertilizer Company Ltd

Indus Motor Company

Sapphire Textile Mills

Work highlights

  • Successfully obtained relief from the High Court of Sindh for the General Insurance Industry of Pakistan whereby the Provincial Sales Tax Authority was attempting to levy sales tax on reinsurance policies bought by such Insurance Companies. The main contention before the Court was that such activity is not a service, but a contingent contract and a mandatory requirement of the law. The exposure of the Insurance Companies exceeds billions of rupees.
  • Successfully obtained relief for Pepsi Cola International (Pvt.) Ltd. and Procter & Gamble Pakistan (Pvt.) Ltd, who were being subjected to Sindh Sales Tax on services received from non-resident persons.
  • Represented numerous companies, many of which in the textile sector, in a dispute over the imposition of Gas Infrastructure Development Cess.

Pakistan > Banking and finance Tier 1

The team at Khalid Anwer & Co.  advises a host of major banks on various high-profile and sensitive contentious matters. It represents banks such as the National Bank of Pakistan in high-value recoveries and has also handled matters such as challenging the vires of the Benami Transactions (Prohibition) Act, 2016, a law under which banks were being required to arbitrarily divulge private and confidential information.

Pakistan > Labour and employment Tier 2

Khalid Anwer & Co. continues to advise several employers on a range of labour and employment matters, from individual caes through to class actions. The excellent team is currently involved in several cases before the Superior Courts of Pakistan. It is a firm of choice for numerous banks on a variety of complex labour related matters. Under the joint direction of Raashid Anwer and Syed Mustafa Ali , the group has also been busy advising former employees of large companies on their pension and retirement benefits.

Practice head(s):

Testimonials

‘Excellent team, well versed with industry wide issues in corporate sphere. Special appreciation for Raashid Anwer‘.

This law firm perhaps has the largest practice in labour and employment. The out of the box thinking makes it unique in this area of practice. The team is fully equipped and knowledgeable in this sensitive area of practice. The team is very professional and always available for us in case of any issue‘.

‘We prefer Khalid Anwar & Co due to the team availability at any time as and when their services are required. They always go through the cases very minutely which we hardly find in other lawyers. Mostly interact with Syed Mustafa Ali and found him very energetic and hardworking. The important thing which has to be highlighted is that he is available all the time. He always provides us with research-based responses‘.

Key clients

Pakistan Telecommunication Company Ltd.

Pakistan Telecommunication Employees Trust

National Bank of Pakistan

Mashreq Bank

Pakistan > Corporate and M&A Tier 4

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):

Testimonials

‘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.

The firm: The firm Khalid Anwer & Co. is a leading law firm in Pakistan. The senior partner, Mr Khalid Anwer, is one of the most senior advocates of the Supreme Court of Pakistan. He has been appearing before the superior courts of Pakistan for almost five decades. The firm has a total strength of 16 lawyers, with associate firms in Lahore and Islamabad.

Areas of practice: The firm has been at the forefront of high-profile constitutional and commercial litigation since Pakistan’s independence. Mr Anwer has been involved in several landmark constitutional and commercial cases. He appeared for the current Prime Minister, Mr Nawaz Sharif, successfully challenging the dismissal of his government by the then President of Pakistan. 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. Recently, Mr Anwer successfully defended the Federal Government in cases before the Supreme Court of Pakistan challenging the constitutionality and vires of the 18th and 21st amendments to the Constitution of Pakistan in a landmark judgment that will determine whether the Supreme Court has the power to strike down a constitutional amendment.

The firm provides a large range of services, including litigation and 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 and 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 DG Khan Cement), as well as a range of multinational companies (Deutsche Bank, Standard Chartered Bank, Procter & Gamble, Schlumberger, EMC, Toyota, Reyroile, Akzo Nobel and Reckitt Benckiser).

The firm recently obtained relief for ten independent power producers from the Supreme Court of Pakistan arising from defaults on sovereign guarantees of the government of Pakistan. In addition, the firm successfully represented all of the major oil and gas powered IPPs against the government of Pakistan in ADR proceedings relating to disputes regarding payments of billions of Rupees. The determination in these ADR proceedings is expected to have a major impact on the IPP sector as a whole and on the circular debt issue. The firm has been engaged by over 40 companies to challenge the vires of the Gas Infrastructure Development Cess Act 2015 – the potential tax liability involved is several billion Rupees. It is also representing several cellular operators (including M/s Warid, Telenor, Ufone & Zong) in relation to a sales tax dispute of over Rs50bn. The firm also recently advised Sui Southern Gas Company in relation to a dispute involving a tender valued at $5bn for a Liquefied Natural Gas (LNG) terminal. The firm has recently represented the shareholders of a company in a shareholders dispute arising from the demerger of a company in the textile industry with an annual turnover of Rs6bn.

The firm has an impressive track record in relation to transactional work. It has been involved in advising both the sponsors and lenders in relation to power projects. It is presently advising on a number of acquisitions in the power sector and is retained by the sponsors of two wind-power projects. This year the firm advised on the Rs6bn acquisition of a fertiliser company after successfully representing the buyers in litigation arising from the transaction. The firm regularly advises and represents clients in relation to corporate restructuring. It recently represented and advised sponsors of Jaffer Brothers (Pvt) Ltd and Sapphire Textile Mills Ltd in relation to their corporate restructuring.

DepartmentNameEmailTelephone
Aviation
Arbitrations (including enforcement of foreign awards)
Banking
Civil/construction
General commercial
Company (including shareholders’ rights litigation
Competition
Constitutional (including human rights)
Customs
Cyber
Intellectual property
Labour
Legislative drafting
Media
Mergers and acquisitions
Petroleum and natural resources
Privatisations
Project finance
Real estate finance
Legal secretarial services
Taxation
Telecommunications
WTO (and related matters, including anti-dumping)
Number of lawyers : 16
English
Urdu