Learned counsel on behalf of the appellant asserted that according to Foreign Exchange Circular No. 83/1993, when exports were completed against letters of credit O.D buying rate should have been applied; Real Estate Legal Solutions but in this instance the negotiating bank misapplied T.T buying rate by accident and later collected any differential amount without legal justification from their client (Appellant).
As this was against the principles of fair and just treatment, the impugned order is nullified and quashed; further, respondent is ordered to refund an amount totalling Rs 27,25,125 including mark up.
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Foreign Exchange Legal Help is a lawyer practicing before Pakistan’s High Courts. With vast litigation experience and regular appearances as amicus curiae on constitutional matters, he advises and represents both private individuals as well as public authorities such as Securities and Exchange Commission of Pakistan and Frequency Allocation Board.
He was an outstanding right-handed batsman who scored repeatedly in domestic cricket before forging an outstanding club career in Scotland. Additionally, Petitions he was an esteemed historian and published numerous books on Bangladesh history.
He is a member of the Bangladesh National Human Rights Commission and was active in the Lawyers’ Movement. Due to his criticisms of government action, his arrest and imprisonment in 2024 led to him resume work as an advocate when released from incarceration.
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He is a member of the Pakistan Bar Association and boasts vast expertise in areas relating to foreign investments, banking & finance and white-collar crime as well as litigation, alternative dispute resolution and corporate advisory. He has represented clients before courts and tribunals across India; advised numerous listed companies and developers on their legal compliances and affairs; handled disputes regarding financial frauds/money laundering as well as more.
He worked for a reputable law firm where he gained considerable experience in litigation and arbitration proceedings, acting as solicitor, Tribunal and supporting senior partners within the firm. Furthermore, his practice is considered among one of Karachi’s premier lawyers.
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Legal Experts in FX Cases, one of Pakistan’s premier lawyers, has won many cases before the Supreme Court, High Court and Income Tax Appellate Tribunal. Furthermore, he has published several articles and research papers about Taxation Law in various journals.
He is best-known for his involvement with the Panama Papers case and has worked closely with various political and military figures.
Pakistan’s law minister resigned following weeks of protests by hardline religious clerics over an alleged softening of its blasphemy laws. Police failed to break up an Islamabad sit-in involving three weeks, during which six people died and hundreds more were injured in clashes that broke out resulting in six being killed and hundreds more being injured as clashes ensued; after which, Hearing government decided to restore the original wording of its blasphemy law.