SHC retracts erroneous notice in Hascol–Mena Energy case

News Image

MG News | November 11, 2025 at 03:00 PM GMT+05:00

November 11, 2025 (MLN): The Sindh High Court (SHC) has issued a corrigendum acknowledging that a prohibitory notice related to the Mena Energy DMCC vs Hascol Petroleum Limited case was inadvertently issued under the signature of the Additional Registrar, though it was meant to be issued by the competent court.

The corrigendum, dated November 10, 2025, clarifies that the earlier communication, dated October 29, 2025, had no legal effect and should be treated as cancelled. 

The oversight was admitted in a formal notice addressed to multiple commercial banks, including National Bank of Pakistan, Habib Bank, Faysal Bank, and others.

The correction follows last week’s development, where the Registrar’s Office of the SHC admitted an administrative error that had inadvertently disadvantaged Hascol Petroleum Limited in the ongoing $95 million case filed by Mena Energy DMCC.

In the new corrigendum, the Registrar’s Office expressed regret over the inadvertence, confirming that the previous notice was “supposed to be issued by the competent court, and not by this office.”

The High Court’s clarification effectively nullifies the earlier prohibitory notice that had temporarily impacted Hascol’s standing in the execution proceedings.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 179,571.27
436.67M
1.06%
1878.35
ALLSHR 108,600.94
844.23M
1.00%
1073.54
KSE30 53,548.42
162.02M
0.99%
525.53
KMI30 256,725.70
154.74M
0.76%
1936.43
KMIALLSHR 70,620.69
563.61M
0.98%
683.55
BKTi 48,625.03
36.31M
1.37%
658.39
OGTi 37,179.52
8.29M
0.94%
345.85
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 59,330.00 60,895.00
58,960.00
-665.00
-1.11%
BRENT CRUDE 72.11 73.39
71.89
0.12
0.17%
RICHARDS BAY COAL MONTHLY 103.50 0.00
0.00
0.30
0.29%
ROTTERDAM COAL MONTHLY 113.35 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 69.63 70.97
69.32
0.40
0.58%
SUGAR #11 WORLD 14.55 0.00
0.00
0.04
0.28%

Chart of the Day


Latest News
June 28, 2026 at 12:21 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


June 27, 2026 at 01:35 AM GMT+05:00

Govt keeps petrol, diesel unchanged


June 26, 2026 at 09:43 PM GMT+05:00

Weekly Market Roundup


June 25, 2026 at 08:52 PM GMT+05:00

Banks extend hours for tax payments until June 30


June 25, 2026 at 08:40 PM GMT+05:00

SBP declares July 1 a Bank Holiday



Top 5 things to watch in this week

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