Connect with Zorays

Hi, what are you looking for?

Arbitration battle: Fawad Rana vs Qalandars

Sports

Lahore Qalandars Ownership Dispute: Arbitration Orders Rs 2.3 Billion Payment or 51% Share Reversal to QALCO

Arbitration orders Atif and Sameen Rana to pay Rs 2.3 billion or return 51% Lahore Qalandars shares to Fawad Rana’s QALCO.

What “Fraud” Means in This Case

The term “fraud,” as used in pleadings and public commentary, refers to allegations that share transfers were executed using fabricated or unauthorized documents, without payment or consent, and in violation of corporate governance norms. These findings arise from the arbitration award, not from a final criminal conviction.

The current management has publicly indicated its intention to challenge the award, meaning the legal process remains ongoing.


READ:   [Phase-By-Phase Match Commentary Pak vs South Africa] Proteas take on Shaheens in Chennai

Pages: 1 2 3 4 5 6 7 8 9

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Top