SHC passes order in favor of Investors Lounge

10:31 AM | 27 Sep, 2016
SHC passes order in favor of Investors Lounge
KARACHI- Sindh High Court has granted Investors Lounge an Injunction against the baseless and malicious claims fabricated by the respondent Mir Mohammad Ali khan.

The injunction was granted after submission and verification of all licenses of the website, its components, software libraries, domains and payment history records.

Pakistan's leading intellectual property and corporate law firm,Vellani&Vellani, are representing Investors Lounge.

Moreover, prohibitory orders were released against the individual/s making false claims, asking them to appear in the court for explanation of such claims.

The respondent Ali khan has also been prohibited from making any ownership claims on the intellectual property of Investors Lounge on any platform. Investors Lounge will continue to resolutely defend its intellectual property and protect its interests.

Investors Lounge is a financial information platform that empowers people with the education and insights they require to make intelligent investment decisions.

On the other hand, Mir Muhammad Alikhan has refuted any such news adding that the case hearing has not even begun. He took to social media to express his view point.

Daily Pakistan Global Web Desk


Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 22 February 2024

Pakistani rupee remains stable against US dollar and other currencies in the open market on February 22, 2024 (Thursday)

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300.2 for buying and 303.2 for selling while British Pound rate stands at 350.6 for buying, and 354.1 for selling.

UAE Dirham AED hovers at 76.2 whereas the Saudi Riyal saw slight increase, with new rates at 74.45.

Today’s currency exchange rates in Pakistan - 22 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300.2 303.2
UK Pound Sterling GBP 350.6 354.1
U.A.E Dirham AED 76.2 76.95
Saudi Riyal SAR 74.45 75.2
Australian Dollar AUD 181.15 183.15
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207.15 209.15
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207.1 209.1
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08


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