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Express Tribune
10-08-2025
- General
- Express Tribune
Record surge in divorce reunions
The number of meetings between divorced parents and their estranged children has reached record levels in Rawalpindi, with 30 to 40 such reunions now taking place daily at the judicial complex's special facilitation centres. Often accompanied by grandparents, uncles, and aunts, most of these children live with their mothers, while many fathers have remarried. Court permission from a family judge is required for these meetings, after which a specific day and time are allotted. The special meeting centre, located opposite the district and sessions judge's court, can accommodate four to six families at a time. When numbers exceed capacity, visitors wait in sweltering heat without a dedicated waiting area or drinking water. A public cooler has been broken for months, forcing visitors to buy bottled water. During rain, families wait in corridors or verandas. Meetings run from 10am to 3pm, lasting 40 to 50 minutes. However, some extend to 90 minutes if court staff are tipped. Emotional scenes are common. Children receive gifts, toys, food, and cash from visiting parents. Four to five years ago, such meetings were held only two or three times a month, later becoming weekly, and now daily, reflecting a sharp rise in divorce cases. One father, Muhammad Nadeem, who has three children with his first wife, said the meetings are emotionally painful and urged couples in disputes to reconcile before it's too late. "This anger will harm you, and your children will suffer," he warned. Background A record number of new family disputes were filed in Rawalpindi's family courts during the first quarter of 2025, from January 1 to March 31. A total of 1,451 new cases were registered, including disputes over alimony, child custody, dower (Haq Mehr), and return of dowry items. Additionally, 41 husbands approached the courts seeking orders to bring back estranged wives who had left their homes. For the first time, 21 Christian women also filed for divorce following legal reforms that now allow Christian women to seek divorce or separation without going through the previously required and complex process of annulment. During the three-month period, the courts issued 106 divorce decrees on the basis of khula (separation initiated by the wife) and ordered 310 husbands or fathers to pay expenses for their wives and children. Courts also ordered the reunification of 13 estranged couples and returned 75 children from paternal custody to their mothers. According to court sources, five to eight new family cases are being filed daily, sometimes reaching up to 15 to 20 cases per day. The courts also helped reconcile 55 couples, resulting in case dismissals. Family law advocates cited the rise in social media use; Facebook, Instagram, TikTok, Messenger, and YouTube; as a major contributing factor to the breakdown of marriages. The availability of modern smartphones to teenagers has reportedly led to a 50 per cent increase in elopements and love marriages.
Business Recorder
03-06-2025
- Business
- Business Recorder
Gong ceremony to marklisting of NETS International Communications held
LAHORE: The Gong ceremony for marking the listing of NETS International Communications on the Growth Enterprise Market (GEM) Board of PSX was conducted at Pakistan Stock Exchange Regional Office. This landmark event signifies a pivotal moment for NETS International and a significant stride for Pakistan's burgeoning digital economy. NETS International specializes in developing, managing, and expanding communication networks with operations spanning Pakistan, the UAE, UK, USA, KSA, and Germany. The Initial Public Offering (IPO) saw 3.676 million ordinary shares offered at a fixed price of PKR 10 per share, representing 10% of the company's post-issue paid-up capital. The issue was fully underwritten by Dawood Equities Limited and advised by LSE Capital Limited, with subscription for accredited investors. From PSX: CEO, Farrukh H Sabzwari. Chief Listing Officer, Syed Ahmad Abbas, Regional Business Development Lead, Sarmad Hussain From NETS International: Muhammad Nadeem (CEO - NETS International Pakistan), Khalid Mahmood (COO - NETS International Pakistan), Hafiz Muhammad Ali (Group CFO - NETS International), Muhammad Shaheer (CFO - NETS International Pakistan), Danial Khushnood (Company Secretary - NETS International Pakistan), and Adil Mir (Head of Marketing Group - NETS International). From LSE Capital Limited: Aftab Ahmad Chaudhary (CEO), Amir Zia (Director Investment Banking), and Inam Ullah (Company Secretary). Farrukh H Sabzwari, CEO of Pakistan Stock Exchange, shared his remarks, stating, 'We are delighted to welcome NETS International to the PSX GEM Board. This listing represents a significant step for the company and for the broader capital market in Pakistan. It underscores the PSX's commitment to fostering growth for innovative enterprises and providing diverse investment opportunities. We look forward to NETS International's continued success and its contribution to Pakistan's digital landscape. In addition, MD – PSX also stressed the need to focus on the development of the IPO Market in Punjab and KPK Regions which hold great potential as there is a wide array of industries that require awareness on the Capital Markets and how it can contribute in their growth.' In his message to the attendees, Jahangir Ahmad, Group Managing Director of NETS International, stated, 'This IPO is more than just a financial milestone — it's a strategic leap toward global scalability and sustained innovation. It marks the beginning of a new chapter — one where we aim to lead Pakistan's digital evolution with integrity and vision.' Muhammad Nadeem, CEO of NETS Pakistan, added, 'We're proud to become a listed entity. This step reflects our confidence in Pakistan's technology sector and our resolve to build long-term value for stakeholders.' Aftab Ahmad Chaudhary, CEO of LSE Capital Limited, commented on the occasion, 'LSE Capital Limited is immensely proud to have advised NETS International on this successful IPO. Their listing on the GEM Board marks a significant achievement, underscoring the vibrant potential of Pakistan's technology sector and the growing investor confidence in innovative companies like NETS. We believe this listing will unlock new avenues for growth and contribute substantially to the nation's digital transformation agenda.' Proceeds from the IPO will be primarily utilized to retire short-term debt and align the company with regulatory standards, in preparation for a future listing on the PSX Main Board. Copyright Business Recorder, 2025
