Karachi March 24 2023: On March 20, 2023, the High Court of Sindh (SHC) was pleased to pass orders staying, for the time being, the entire defamation related proceedings against various individuals including certain directors of TRG Pakistan Limited (the “Company”) initiated by the former CEO of the Company at the District and Sessions Court (trial court) in Karachi.
This information is in continuation of earlier disclosure, whereby it was conveyed that the Company’s directors had filed appropriate legal applications in The High Court of Sindh (SHC) against, inter alia, the issuance of bailable warrants by the trial court. The directors had asserted that the proceedings suffered from illegalities, infirmities and jurisdictional error, and on February 22, 2023, the SHC had passed an order suspending, for the time being, the issuance of bailable warrants.
