High Court Grants Stay Order to SLCL
Summary
SLCL secures a stay order from the High Court against adverse actions, while progressing in creditor settlements and recoveries.
Kind of disclosure: Regulatory/Legal
Read the original filingKey facts
- High Court grants stay order
- Prevents adverse actions
- Ongoing creditor negotiations
- Final phase
- Anticipated debtor recovery
- Significant recovery expected
- SECP Appellate Bench's order appealed
- April 8, 2025
More SLCL announcements
- NoticeTransmission of quarterly report for the period ended September 2026
- Financial resultSecurity Leasing Corporation Limited reported a net profit of Rs 0.18 million for the quarter ended September 30, 2026Filed as: Financial Result for the Quarter Ended September 2026
- NoticeBoard Meeting
- NoticeMiscellaneous
- Material informationSecurity Leasing Corp Updates on Creditor SettlementsSecurity Leasing Corporation Ltd. updates on ongoing creditor negotiations and pending debtor payments, with results to be reflected in next financial statements.
- Material informationLegal Proceedings Update for Security LeasingSecurity Leasing Corporation updates on legal proceedings and creditor settlements, with High Court restraining adverse actions.
Source: SLCL's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.