February 28, 2021

Creek Marina Project Karachi Public Notice in Detail

creek marina project karachi

This is with reference to the Public Notices published by Mandviwalla & Zafar, Advocates on behalf of Siddiqsons Limited (“SSL”), titled “PUBLIC NOTICE – CREEK MARINA PROJECT” on 14-01-2021, published in Daily Dawn newspaper and on 15-01-2021 in Daily Jang newspaper. It is hereby clarified on behalf of Creek Marina (Pvt) Limited, Creek Marina Singapore (Pte) Limited and its sponsors (“our Clients”), as under: The Public Notices referred to above have been published to deliberately defame/sabotage the Creek Marina Project (“Project”) for ulterior motives and our Clients are in the process of initiating appropriate legal proceedings against SSL for the misleading and defamatory statements made pertaining to the Project. It is clarified that in a Suit, the Honourable High Court of Sindh has passed an order, also consented to by SSL, that there is no stay order against the Project but it is only limited to 24 provisionally allocated apartments, subject to the terms and conditions of Creek Marina (Pvt) Limited. It is further clarified that all matters pertaining to the Project have been amicably resolved by our Clients and the Project is presently being speedily constructed in accordance with the orders of the Honourable High Court of Sindh and SSL has no claim on the Project. That therefore the Public Notices published on 14-01-2021 and 15-01-2021 are unwarranted, misleading and a misrepresentation of the orders passed by the Honourable High Court of Sindh.

MOHSIN TAYEBALY &CO. Corporate Legal Consultants I Banisters & Advocates High Courts & Supreme Court
2nd Floor, Dime Centre, BC-4, Block-9, Kehkashan Clifton, Karachi. Phone Nos: 111-682-529 35838077, 35371653, 35872690, 35866354, 35877150 Fax: 35870240 Website: http://www.mtclaw.com.pk

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