JSCL secures relief as Karachi court dismisses TRG Pakistan's appeal
MG News | July 03, 2026 at 05:04 PM GMT+05:00
July 03, 2026 (MLN): Jahangir Siddiqui & Co. Ltd (PSX:JSCL) has
informed that XIIth Additional District Judge / Model Civil Appellate Court, Karachi South has dismissed the civil appeal
filed by TRG Pakistan Limited, upholding the earlier order that had rejected
TRG's civil suit against the company.
It was stated that the judgment further affirms the company's
consistently maintained position that the allegations levelled against it and
the other respondents were baseless, frivolous, and mala fide in nature, and
were devoid of legal merit.
No adverse findings or directions have been issued against the company,
its subsidiaries, or any of their officers in the proceedings.
The aforementioned information was disseminated through a notification to Exchange.
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