Live Breaking News & Updates on Head Of International Disputes Unit Ahmed Irfan

Stay updated with breaking news from Head of international disputes unit ahmed irfan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Virgin Islands court unfreezes PIA assets in Reko Diq case – Voice Of Vienna

Virgin Islands court unfreezes PIA assets in Reko Diq caseInternational
2021-05-26,
by Editor
Comments Off
2
ISLAMABAD: The High Court of Justice in the British Virgin Islands (BVI) has recalled its earlier orders regarding attachment of PIA offshore assets in the Reko Diq case against Pakistan.
BVI High Court Justice Gerhard Wallbank, while passing the order on December 10, 2020, had attached certain assets of PIA.
The court had attached the assets belonging to Pakistan International Airlines Investment Limited (PIAIL), including the company’s interests in two hotels Roosevelt Hotel in Manhattan, New York, and Scribe Hotel in Central Paris.
In view of the injunction, PIA could not sale any of these hotels. ....

New York , United States , United Kingdom , France General , British Virgin Islands , Reko Diq , Imran Khan , International Centre For Settlement Of Investment Disputes , Tethyan Copper Company , High Court Justice Gerhard Wallbank , Scribe Hotel , British Virgin Island High Court , Roosevelt Hotel In Manhattan , Pakistan International Airline , Pakistan International Airlines Investment Limited , Head Of International Disputes Unit Ahmed Irfan , High Court , Court Justice Gerhard Wallbank , Roosevelt Hotel , British Virgin Island High , Attorney General , International Disputes Unit Ahmed Irfan , Minister Imran Khan , Copper Company , International Centre , Investment Disputes ,

Virgin Islands court unfreezes PIA assets in Reko Diq case

Virgin Islands court unfreezes PIA assets in Reko Diq case
AGP office says judgement announced by BVI High Court is a ‘great legal victory for Pakistan’
The Roosevelt Hotel in New York. PHOTO: FILE
ISLAMABAD:
The High Court of Justice in the British Virgin Islands (BVI) on Tuesday decided the Pakistan International Airlines would retain its two assets Roosevelt Hotel in New York and Scribe Hotel in Central Paris retracting its earlier order to attach these properties with the enforcement of Reko Diq penalty on the request of the Tethyan Copper Company (TCC).
BVI High Court’s Justice Gerhard Wallbank, while passing the order on December 10, 2020, had attached the assets belonging to the PIA Investment Limited, including the company’s interests in the two hotels. ....

New York , United States , United Kingdom , France General , British Virgin Islands , Reko Diq , Imran Khan , International Centre For Settlement Of Investment Disputes , Tethyan Copper Company , High Court Justice Gerhard Wallbank , Scribe Hotel , British Virgin Island High Court , Roosevelt Hotel In Manhattan , Pakistan International Airline , Pakistan International Airlines Investment Limited , Head Of International Disputes Unit Ahmed Irfan , High Court , Court Justice Gerhard Wallbank , Roosevelt Hotel , British Virgin Island High , Attorney General , International Disputes Unit Ahmed Irfan , Minister Imran Khan , Copper Company , International Centre , Investment Disputes ,