Cornelius, Lane & Mufti (CLM)


Muhammad Shoaib Rashid

LL.B., Advocate Supreme Court of Pakistan,
Partner, Cornelius, Lane & Mufti,

Practice Areas and Description:

Main area of work is corporate, commercial, Anti-Money Laundering and banking laws, negotiation and drafting of contracts, advising on regulatory and legal issues, conveyancing, infrastructure projects, advising and structuring transactions including in the power, oil and gas sector, company matters, cross-border transactions and litigation pertaining to the aforesaid and related matters.

Major Transactions/Engagements/Representations:

Advised and representing clients (including multinational companies, listed companies and government entities/departments) involved in contentious Taxation, civil, banking and property disputes before the civil courts, banking courts and High Courts across Pakistan.

Drafting and implementation of a smart card disbursement scheme on behalf of a Government Organization in collaboration with a leading financial institution in Pakistan.

Drafting of legal documentation for the operation, working and lease of an internationally renowned chain of stores within a shopping complex in Pakistan.

Due diligence of legal and regulatory framework prevalent vis-à-vis power sector for re-organization/privatization of the said sector under a project by USAID.

Conducted legal due diligence of company engaged in sale and transportation of oil, diesel etc., in the proposed privatization.

Conducted legal due diligence of company engaged in bottling and selling beverages of international brand.

Conducted legal due diligence of investment bank (listed) and advising foreign investor in acquisition of substantial equity interest in the same.

Conducted legal due diligence of fertilizer company in the proposed privatization.

Advised foreign investor on acquisition of strategic substantial equity interest in company engaged in bottling and selling beverages of international brand.

Advised foreign investor on acquisition of 20% stake in a private limited company.

Advised seller on sale of 100% stake in a listed cement company.

Advised seller on sale of 100% stake in public (unlisted) company engaged in textile business.

Advised various buyers in acquisition of substantial assets of various public listed companies.

Advised both foreign and local property developer on joint ventures for undertaking various property development projects.

Advising various clients from time to time on acquisition of property. Work includes due diligence and conveyancing of property.

Advising international law firms and their clients from time to time in relation to Pakistani laws and regulations.

Advised and represented various clients for scheme of arrangements for merger, division and reconstruction of companies.

Structured and handled the issuance of term finance certificates for many leading companies.

Advised in re-structuring/re-scheduling of swap transactions under the regulations of the State Bank of Pakistan for lending to Public/Private Sector entities

Advising in division of assets of companies engaged in construction and textile business and provision of services.

Advising various clients in settlements with various financial institutions.

Representing multinational companies involved in litigation with respect to various matters before various forums

Representing companies in matters involving regulatory and company law issues before the Securities and Exchange Commission of Pakistan and the Competition Authority.

Yusaf Saeed & Co. (Chartered Accountants) October, 03 to June, 2006
6-A, Block-S, Gulberg II, Lahore

Taxation & Auditing 

Advised various clients from time to time with regard to issues related to income Tax and related matters.

Appeared before different assessing authorities representing different corporate & individual clients in assessment as well as appellate proceedings.

Conducted various audit assignments of different companies, both national and multinational.

Professional Affiliations

Member, Punjab Bar Council, Supreme Court Bar Association, Lahore High Court Bar Association and Lahore Bar Association.

Advocate, Lower and High Courts of Pakistan

Member Lahore Tax Bar Association

Income Tax Practitioners License Holder


2003-2006 (Punjab University (PU), Lahore, Pakistan)

(Studied Banking Laws as an optional subject)
Concentration on Commercial, Company, Taxation & Banking Laws

2001-2003 (Punjab University (PU), Lahore, Pakistan)
Bachelors of Commerce & Information Technology (B. Com I.T)
Concentration in Business Law & Information Technology

Email: [email protected]