The Law of Recovery of Advance Payments
In a situation where the case of advance payment is involved, upon breach of contract, the recovery of those payments is dependent whether the party has paid a part of the deposit as a guarantee or it is a part of or the whole payment in advance. If the respective payment is a deposit, contingent…
Read MoreThe Right Of Lien And Right Of Retention Laws In Pakistan
The right of lien and right of retention are two different security terms, yet they seem to be written together in many contracts. According to the law, a lien is the legal right of a creditor while the right of retention is the right of a creditor to hold the items until the debtor pays…
Read MoreAll You Need to Know About Foreign Investments in Pakistan
Pakistan’s corporate and investment laws officially allow the sectors of the national economy to have total equity of wholly-owned subsidiaries that too with 100% repatriation rights transmittable through any commercial bank. For property and currency-related matters, foreign investors are also provided with legal protection, and in case of any occurrence of matters, the investors will…
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