Sindh High Court allows PHDL winding-up under court supervision
The Sindh High Court has allowed a petition seeking continuation of the voluntary winding-up proceedings of Pakistan Hotels Developers Limited (PSX: PHDL) subject to the court's supervision.
September 08, 2026 (MLN): The Sindh High Court has allowed a petition seeking continuation of the voluntary winding-up proceedings of Pakistan Hotels Developers Limited (PSX: PHDL) subject to the court's supervision. Pakistan Hotels Developers Limited was placed into voluntary winding up following a special resolution passed by its members on December 31, 2024. Under the resolution, Mohsin Ferozuddin, Masroor F. Baw...