Pakistan has achieved great success at the global level, has obtained a permanent restraining order on the 6 6 billion fine on the Rekodak case.
On Pakistan ‘s appeal against the 6 billion fine, AKSD issued a permanent restraining order to Australian and Chilean companies to stop paying the 6 billion fine. Pakistan ‘s legal team has had great success in international litigation. Attorney’s General Office International Center Investment Dispute (AKSD) said the Australian joint Tethyan Copper Company President Gold and Chile Company in Baluchistan to cancel mining lease gold and copper deposits in the area. Pakistan was fined 66 billion in July 2019.
The Attorney General’s Office said that Pakistan had filed an appeal in November 2019 against the decision of AKSD, on which an interim restraining order was issued against the payment of the fine. Pakistan to invoke penalties against the interim order to stay the order to permanently Pakistan hearing through video on April 20, 2020 appeal of the link and September 16 AKSD of Pakistan to issue a permanent stay order in favor. General According to the office, the final hearing on the Rekodak case will now take place in May 2021.
The AKSD by Pakistan amounting to $ 6 billion IMF fines against Pakistan bailout package equivalent. General’s office says that for Pakistan is in the wake of the current economic situation.
Extracted from City42 News