Pakistan, June 1 -- ISLAMABAD - The Supreme Court of Pakistan has suspended a recent Islamabad High Court (IHC) order that had halted interim relief in a major arbitration enforcement case involving foreign awards. This move reinstates the earlier restraining order, keeping it in effect until the matter is fully heard.
A two-judge bench, comprising Justice Syed Mansoor Ali Shah and Justice Aqeel Ahmed Abbasi, issued the suspension order on Saturday. The case involves Frontier Holdings Limited and Petroleum Exploration Pvt Ltd (PEPL), who are locked in a commercial dispute stemming from two arbitral awards issued by the International Chamber of Commerce (ICC), London.
The initial restraining order, granted by a single IHC judge in April ...
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