Islamabad, July 31, 2025, 10:20 PM PKT — The Islamabad High Court, in a landmark ruling dated July 28, 2025, has ordered the Securities and Exchange Commission of Pakistan (SECP) to withdraw its prior press release halting the guarantee business of The United Insurance Company of Pakistan Limited, mandating a compliance report, per official records. The SECP swiftly submitted the report to the Deputy Registrar (Judicial) on July 30, 2025, prompting the court to lift the suspension of its cease instructions, allowing the company to resume guarantee operations.
The United Insurance Company plans a formal press release to announce the resumption, signaling a major shift. Web context on regulatory disputes shows ongoing tensions, while posts found on X reflect relief and skepticism—some hail business revival, others question oversight. Critically, the narrative of “judicial intervention” may mask regulatory ambiguity—web data hints at past conflicts, and X sentiment suggests distrust in consistent enforcement, pointing to potential uncertainties.
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