Court reinstates stay for K-Electric in damages case

News Image

MG News | December 26, 2025 at 09:29 AM GMT+05:00

0:00

December 26, 2025 (MLN): The District Court has suspended the operation of a civil court order dated December 2, 2025, in a damages and defamation suit filed by K-Electric Limited (KE), and has reinstated an earlier stay order in favour of the company.

In a disclosure to the Pakistan Stock Exchange (PSX) and the Securities and Exchange Commission of Pakistan (SECP), KE said the suspension followed an appeal hearing held on December 19, 2025, against the impugned order in Civil Suit No. 111 of 2023 filed by the company against Syed Asad Ali Shah.

According to the disclosure, the appellate court restored the stay order until the next date of hearing, restraining the defendant from harassing K-Electric.

The restraint includes issuing letters or emails, using social media, making statements to third parties, or creating media pages to level allegations or malign KE and its officials.

KE said it had approached the District Court after being aggrieved by the civil court’s December 2 order.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 180,512.65
448.22M
-1.39%
-2537.16
ALLSHR 108,400.67
868.95M
-1.31%
-1441.30
KSE30 55,207.56
114.28M
-1.38%
-773.10
KMI30 255,372.52
163.47M
-1.65%
-4292.29
KMIALLSHR 69,728.20
559.75M
-1.31%
-922.50
BKTi 52,173.33
27.19M
-1.16%
-613.90
OGTi 35,348.89
25.23M
-2.28%
-823.86
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 66,600.00 68,520.00
66,480.00
-1115.00
-1.65%
BRENT CRUDE 68.11 69.85
68.09
-1.29
-1.86%
RICHARDS BAY COAL MONTHLY 96.00 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 104.00 104.50
103.55
1.20
1.17%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 63.39 65.10
63.37
-1.24
-1.92%
SUGAR #11 WORLD 13.80 13.92
13.67
-0.04
-0.29%

Chart of the Day


Latest News
February 12, 2026 at 08:57 PM GMT+05:00

PM takes notice of NEPRA’s new solar regulations


February 12, 2026 at 08:19 PM GMT+05:00

EU dairy products face reduced but ongoing tariffs in China


February 12, 2026 at 07:38 PM GMT+05:00

Govt launches implementation phase of PM’s PAVE scheme


February 12, 2026 at 07:11 PM GMT+05:00

Samsung begins mass production of HBM4 memory chips


February 12, 2026 at 07:07 PM GMT+05:00

SBP reserves rise by $21m



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg