Re: Return of instructions – Right Share to be issued by Bank 1.
We refer to your letters no. HO:TIB:2007:20522 dated June 14, 2007 on the above subject.
In your letter you have requested us to give our opinion regarding the formalities involved for subscription to Right Issue in Bank 1.
As this opinion requires knowledge and expertise in Pakistani company law, we regret to inform you that, we are unable to give our opinion regarding same. You are advised to seek the opinion of a lawyer practicing in Pakistan who is specialised in the company laws of Pakistan.
We are returning the letter sent by you. Please acknowledge receipt of the same.
For: “The Lawyers & Jurists”