Devil Soul
ELITE MEMBER
- Joined
- Jun 28, 2010
- Messages
- 22,931
- Reaction score
- 45
- Country
- Location
Young Pakistani entrepreneurs claim legal victory over source code theft complain
KARACHI (Web Desk) – A group of four Pakistani entrepreneurs who were arrested on charges of infringing on intellectual property rights is now claiming to have been given clean chit by the Sindh high court.
According to the details, startup founders of “Investors Lounge” named Baqar Abbas Jafri, Sennen D’Souza, Hammad Ali Hashmi, and Waqar Ehsan had been accused of stealing source code by their former employee Mir Muhammad Ali Khan.
Related: Mir Mohammad Ali Khan says he will ‘fight ugly’ and has defeated Zionists
Both fought legal battle in the courts and on social media as well but the young entrepreneurs have now claimed to have been triumphant over their former boss Mir Muhammad Ali Khan.
According to a court judgement available with Daily Pakistan, the magistrate Nazish Naz had opined in an order that no substantial evidences were put forth by the complainant Mir Muhammad Ali Khan.
The court approved the complaint as “A class” for lack of Evidence. The case, however, can still go to trial if the prosecution brings forth additional evidence to support its allegations, Tech in Asia reported.
On the other side of the divide, the 50-year-old Mir Muhammad Ali Khan refuted any such claims through a Facebook post adding that the Civil Judge gave in writing that she can not judge an IT related case and the case was being moved to the Federal Investigative Agency (FIA).
Related: SHC passes order in favor of Investors Lounge
Khan, who is a renowned investment banker also expressed that the news of legal victory claimed by the accused was absolutely false quoting a statement of Magistrate.
Talking exclusively to Daily Pakistan, Baqar Abbas Jafri expressed that Mir Muhammad ALi Khan fails to appear before the Sindh High Court repeatedly owing to the fact that he has got no evidence to prove his point.
He maintained that the investment banker has already been stopped from representing investors guide and investorslounge as his intellectual property by the SHC on July 13, a copy of which has been provided to Daily Pakistan.
Baqir, the founder of Investorslounge vowed to fight the legal battle terming Mir Muhammad Alikhan a “liar” on the basis of his claims that the hearing has not begun on September 27, contrary to the judgement passed on September 19 by the city court.
Investors Lounge (www.investorslounge.com) is a financial information platform that empowers people with the education and insights they require to make intelligent investment decisions. The platform has garnered unprecedented attention since its launch and is renowned in the financial fraternity.
- Business
- Haider Ali Sindhu
- October 8, 2016 3:30 pm
KARACHI (Web Desk) – A group of four Pakistani entrepreneurs who were arrested on charges of infringing on intellectual property rights is now claiming to have been given clean chit by the Sindh high court.
According to the details, startup founders of “Investors Lounge” named Baqar Abbas Jafri, Sennen D’Souza, Hammad Ali Hashmi, and Waqar Ehsan had been accused of stealing source code by their former employee Mir Muhammad Ali Khan.
Related: Mir Mohammad Ali Khan says he will ‘fight ugly’ and has defeated Zionists
Both fought legal battle in the courts and on social media as well but the young entrepreneurs have now claimed to have been triumphant over their former boss Mir Muhammad Ali Khan.
According to a court judgement available with Daily Pakistan, the magistrate Nazish Naz had opined in an order that no substantial evidences were put forth by the complainant Mir Muhammad Ali Khan.
The court approved the complaint as “A class” for lack of Evidence. The case, however, can still go to trial if the prosecution brings forth additional evidence to support its allegations, Tech in Asia reported.
On the other side of the divide, the 50-year-old Mir Muhammad Ali Khan refuted any such claims through a Facebook post adding that the Civil Judge gave in writing that she can not judge an IT related case and the case was being moved to the Federal Investigative Agency (FIA).
Related: SHC passes order in favor of Investors Lounge
Khan, who is a renowned investment banker also expressed that the news of legal victory claimed by the accused was absolutely false quoting a statement of Magistrate.
Talking exclusively to Daily Pakistan, Baqar Abbas Jafri expressed that Mir Muhammad ALi Khan fails to appear before the Sindh High Court repeatedly owing to the fact that he has got no evidence to prove his point.
He maintained that the investment banker has already been stopped from representing investors guide and investorslounge as his intellectual property by the SHC on July 13, a copy of which has been provided to Daily Pakistan.
Baqir, the founder of Investorslounge vowed to fight the legal battle terming Mir Muhammad Alikhan a “liar” on the basis of his claims that the hearing has not begun on September 27, contrary to the judgement passed on September 19 by the city court.
Investors Lounge (www.investorslounge.com) is a financial information platform that empowers people with the education and insights they require to make intelligent investment decisions. The platform has garnered unprecedented attention since its launch and is renowned in the financial fraternity.
