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Alleged consultancy fee claim against KESP: UK court dismisses SAGE attempts to enforce, obtain payment
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Alleged consultancy fee claim against KESP: UK court dismisses SAGE attempts to enforce, obtain payment
ISLAMABAD: The High Court of Justice, Business and Property Courts of England and Wales (Commercial Court) has dismissed attempts by SAGE Venture Group to enforce or obtain payment in respect of an alleged consultancy fee claim against Kes Power Limited (KESP), confirming the primacy of Mashreq Bank’s security and preserving the existing receivership structure. According to the judgement, in Abraaj Investment Management Limited (in liquidation) …
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