Pakistan Hotels Developers seeks 6-month extension in liquidation process

MG News | December 26, 2025 at 02:24 PM GMT+05:00

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December 26, 2025 (MLN): The liquidators of Pakistan Hotels Developers Limited (PHDL) have approached the Sindh High Court, Karachi, seeking a six-month extension in the company’s liquidation period, according to a material disclosure made to the Pakistan Stock Exchange (PSX).

The liquidators stated that the requested extension is intended to enable the completion of outstanding matters in full compliance with applicable laws and regulatory requirements.

The move is intended to ensure an orderly conclusion of the liquidation process.

The disclosure has been made in line with PSX Listing Regulations to keep the Exchange informed of material developments related to the company’s liquidation proceedings.

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