Security Leasing Corporation Limited (SLCL)

Security Leasing Corporation Limited has provided a progress report regarding its ongoing restructuring and debt settlement efforts. The company reports that it has successfully settled with several creditors and is in the final stages of negotiations with the remaining ones.

Security Leasing Corporation Limited (SLCL) has obtained a temporary court order from the High Court of Sindh, which restrains the SECP from taking further coercive action, including winding-up or delisting proceedings, against the company until the next hearing on September 29, 2025. This follows the company's appeal against the cancellation of its NBFC license, which it claims was carried out in an unlawful and irregular manner.

Security Leasing Corporation Limited (SLCL) has provided a progress report on its restructuring and revival efforts. The company has secured a stay order from the High Court of Sindh against adverse actions, including winding-up or delisting, and reports ongoing progress in debt settlement negotiations with creditors.