SECP Corporate Joint Venture Dispute & Rule of Court Enforcement

Commercial Arbitration & Rule of Court Decree under Arbitration Act 1940

Forum: Civil Court / Commercial Bench Swat
Statutes Invoked: Arbitration Act 1940 (Sections 14 & 17), Companies Act 2017, Contract Act 1872.

Case Overview: High-Value Infrastructure Dispute

In a major hydropower civil engineering subcontract in KPK, the principal contractor defaulted on milestone invoices and attempted to repudiate joint venture revenue shares, triggering an institutional arbitration clause.

Arbitration & Commercial Advocacy

Our corporate attorneys:

• Represented the consortium before the Sole Arbitrator, presenting forensic quantity surveyor audit reports and BOQ ledger analysis.
• Secured an arbitral award of PKR 85 Million with statutory markup.
• Filed petition under Section 14 and 17 of the Arbitration Act 1940 to make the award a Rule of Court.
• Defeated frivolous Section 30 objections raised by the opposing party alleging arbitrator misconduct.

Judicial Outcome

The court pronounced judgment according to the award, decreeing full monetary recovery executable through asset attachment.