Khalid Anwer & Co. is a leading law firm of Pakistan. The firm has a total strength of fifteen lawyers and has associate firms in Lahore and Islamabad as well. The firm has a long tradition of public service. Mr. Khalid Anwer, the Partner Emeritus, has served as Senator and Law Minister. The former managing partner of the firm and a former senior member have served as Judges 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. From successfully challenging the dismissal of the government by the President of Pakistan in the case of Mian Muhammad Nawaz Sharif v. President of Pakistan (the first and only time the Supreme Court has ever restored a dismissed Prime Minister) to successfully defending challenges to both the 8th Amendment to the Constitution (in 1997) as well as to the 21st Constitutional Amendment (in 2015). It has been involved in almost all the major tax cases in the Supreme Court in the last twenty years
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) 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 (Pepsi-Cola International, Procter & Gamble, Toyota, Pfizer, Novartis, IBM, Deutsche Bank, Standard Chartered Bank, Schlumberger, Reyrolle, Chubb, etc.).
The firm has an impressive track record in relation to transactional work. It has been involved in advising both the sponsors as well as lenders in relation to power projects. It has advised on a number of acquisitions in the power sector and is retained by the sponsors of two wind-power projects. The firm advised on the Rs. 6 billion acquisition of a fertilizer 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, Sapphire Textile Mills Ltd and ATC Holdings in relation to their corporate restructuring. The firm advised Pakistan Mobile Communications Limited (Mobilink) in relation to its acquisition of Warid Telecom Pakistan as well as to effect a merger of Warid with Mobilink. This was the largest merger to take place in the mobile telecommunications industry.
The firm has been, and is currently, involved in a vast range of tax litigation before the Hon’ble High Courts of Pakistan and the Hon’ble Supreme Court of Pakistan on behalf of taxpayers from various sectors including, inter alia, telecom, textile, food & beverages, automobile, fertilizer, oil & gas, banks, insurance, sugar, etc. The firm has obtained relief in various tax disputes before the Hon’ble Supreme Court of Pakistan and the High Courts of Pakistan for clients such as Civic Centers Company, Al-Noor Sugar Mills, Mirpurkhas Sugar Mills, University of London, CM Pak Ltd., Telenor Pakistan Limited, Pakistan Mobile Communications Limited, Pak Telecom Mobile Limited, FATA/PATA based businesses, etc.
The firm obtained relief for ten (10) 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 recently represented the shareholders of a company in a share-holders dispute arising from the demerger of a company in the textile industry with an annual turnover of Rs. 6 billion.
The firm, advised Sui Southern Gas Company Ltd. in relation to a public procurement issue – Grievance Petitions had been filed by three bidders in relation to a tender for construction of Pakistan’s second LNG Terminal. The project was tentatively valued at $5 billion. SSGC’s determination in respect of these petitions was subsequently upheld by the High Court of Sindh at Karachi. The firm is also currently advising a leading business group of Pakistan in relation to a proposed joint venture for the construction of a new LNG Terminal.
The firm represented and advised Pakistan State Oil in proceedings before the Competition Commission, in connection with objections filed against its proposed acquisition of Pakistan Refinery Ltd. by various minority shareholders. The proceedings, which involved complex questions regarding the petroleum refining and marketing industry, were decided in favour of PSO. The firm obtained relief from the Competition Appellate Tribunal for Fauji Fertilizer Company Limited against a fine of Rs. 5.5 billion imposed by the CCP.
The firm successfully represented Pepsico Inc. in an appeal filed in the Supreme Court by one of its bottlers, Bolan Beverages (Pvt.) Ltd, whereby the bottler sought a declaration to the effect that the cancellation of its Bottling Agreement was void and unlawful and further that an interest of Bolan Bottlers had been created in the franchise and hence it could not be revoked unilaterally by Pepsi Cola Company. Upon hearing the submissions made by the Senior Partner, Mr. Khalid Anwer, the Supreme Court dismissed the appeal of the Bolan Beverages, finding no merit in the same.
“The team at Khalid Anwer & Co. is comprised of experts and highly experienced individuals.”
“They are always willing to adapt to the needs of the client.”