How BRACE came to be
Our history
From a meeting of residents in August 2023 to the name BRACE and its registration with the SECP: the events as BRACE recorded them, with the messages and minutes of the time.
BRACE's Founding Day is 6 October, the day in 2023 the Securities and Exchange Commission of Pakistan approved its name. Until 8 July 2025 BRACE was a community initiative; the company was incorporated on 8 July 2025.
Times are Pakistan Standard Time. Names are written without titles. Each entry is BRACE's own record, approved before it is shown here.
2023
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29 August 2023 · 6:00 PM
A meeting to set BTRWA right
A meeting was called at the house of Javed Akhtar at 6:00 PM to set right the working of BTRWA. Its General Secretary promised to have its President nominate Javed Akhtar as Acting President.
On 31 August 2023, however, someone else was made Acting President.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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31 August 2023 · 8:21 PM
The first group: “BTRWA Opposition”
At 8:21 PM Tahir Nihad created a WhatsApp group named “BTRWA Opposition” and added Muhammad Arif and Javed Akhtar. The first message, a voice note of 2 minutes 15 seconds from Tahir Nihad, was sent at 8:24 PM.
Javed Akhtar was the first to reply, at 8:48 PM, and proposed adding Aziz Ahmed and Iftikhar Ahmed.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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1 September 2023 · 9:43 PM
The group grows to thirteen
At 9:43 PM Muhammad Arif added more members, among them Aziz Ahmed, Iftikhar Ahmed, Nazia Iftikhar and Zahid Mahmood. At 10:57 PM Ameen Sharif joined, at the request of Nazia Iftikhar.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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2 September 2023 · 6:31 PM
The first in-person meeting is called
At 6:31 PM Aziz Ahmed sent his first message, a voice note. At 7:27 PM Tahir Nihad announced the group's first in-person meeting, with a detailed message: Sunday 3 September 2023, at 4:00 PM, at the house of Muhammad Arif.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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3 September 2023 · 4:00 PM
First meeting: a new association, RABT
The meeting was held at the house of Muhammad Arif and attended by almost everyone, except Aziz Ahmed, Zahid Mahmood and a few others. It was decided, almost unanimously, to create a new body named RABT, the Residence Association of Bahria Towns.
Among those who attended were Tahir Nihad, Javed Akhtar, Muhammad Arif, Ameen Sharif and Nazia Iftikhar, among others.
RABT here was a working name of 2023. Today's RABT, the Residents' Alliance for Bahria Towns, is a separate platform, not BRACE's predecessor.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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9 September 2023 · 11:34 PM
The name RACE, proposed directors and the first draft constitution
The name was changed to RACE, the Residents Alliance for Community Empowerment. Tahir Nihad, Javed Akhtar and Muhammad Arif were proposed as RACE's first directors for its application to the SECP.
At 11:34 PM Tahir Nihad prepared and shared the first draft constitution, “RACE Constitution V-1.1-090923”.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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11 September 2023
New members join
Raja Zulfiqar Hussain and Shakeel Ahmed joined the group.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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15 September 2023 · 9:38 AM
The Management Board is invited to its first virtual meeting
Tahir Nihad invited the members of the RACE Management Board to a meeting by WhatsApp video call on Sunday 17 September 2023 at 3:00 PM, with an agenda and guidelines for taking part.
The invitation shared by Tahir Nihad
Meeting invitation
Dear Members of the RACE Management Board,
You are invited to our upcoming virtual meeting via WhatsApp video call.
Date: Sunday, 17 September 2023
Time: 3:00 PM (Pakistan Standard Time)Agenda:
1. Finalisation of the organisation's name
2. Registration and membership drive strategy
3. Discussion of the draft constitution and related issues
4. Selection of directors for licensing
5. Any other related mattersMeeting moderator: Tahir Nihad
Guidelines for participants: ensure a stable internet connection; answer the moderator's WhatsApp call at the scheduled time; keep your microphone muted when not speaking; turn your video on or off as you prefer; use the chat, or the raised-hand emoji, to ask to speak; stay focused and keep to the agenda; tell the moderator of any technical problem; be respectful and professional.
We look forward to a productive and informative meeting.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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17 September 2023 · 3:00 PM
The organising group’s first board meeting
The RACE Management Board, the organising group before any company existed, met by WhatsApp video call from 3:00 PM to 5:00 PM, moderated by Tahir Nihad. It kept the name RACE, decided to hire a registration consultant, assigned registration and legal matters to Tahir Nihad, Muhammad Arif, Javed Akhtar and Raja Zulfiqar Hussain, and named the persons proposed as directors for licensing. Each board member was to contribute PKR 20,000 towards registration and the first expenses.
Tahir Nihad shared the minutes at 5:44 PM.
The minutes, as shared by Tahir Nihad at 5:44 PM
Minutes of the RACE meeting
Date: 17 September 2023 · Time: 3:00 PM · Platform: WhatsApp video group meeting
Participants: Muhammad Arif, Aziz Ahmed, Ameen Sharif, Zahid Mahmood, Shakeel Ahmed, Javed Akhtar, Nazia Iftikhar, Hamid Rafique, Tahir Nihad (meeting moderator).
The meeting began at 3:00 PM with Tahir Nihad as moderator.
1. Finalisation of the organisation's name. Each participant gave suggestions; a majority agreed to keep the name "RACE", with "PACE" and another name as alternatives for the SECP. Decision: "RACE" to be kept as the primary name.
2. Registration and membership drive strategy. The majority voted to begin registration immediately and to start membership activities after licensing. Decision: a registration consultant to be hired.
3. The draft constitution and related issues. Tahir Nihad, Muhammad Arif, Javed Akhtar and Raja Zulfiqar Hussain were given responsibility for registration and legal matters. Decision: the designated members to oversee registration and legal matters.
4. Selection of directors for licensing. Volunteers were asked for, and these names were settled: Aziz Ahmed, Muhammad Arif, Javed Akhtar, Tahir Nihad, Iftikhar Ahmed (proposed) and Shakeel Ahmed (pending confirmation of eligibility). Decision: directors for licensing confirmed, pending confirmation of Shakeel Ahmed's eligibility.
5. Other matters.
- Aziz Ahmed proposed a "Council of Leadership" within the Management Board, with leadership by rotation.
- Ameen Sharif suggested conflict-of-interest clauses in the bylaws, and that decisions rest with the body responsible (the general body or the management committee).
- Javed Akhtar proposed an initial contribution of PKR 20,000 from each board member for registration and the first expenses.
- Shakeel Ahmed offered to plan a social media campaign for RACE when asked.
- Nazia Iftikhar suggested social gatherings, with the help of Zahid Hussain and Javed Akhtar.
- […]
Decisions: the "Council of Leadership" proposal to be considered; conflict-of-interest clauses in the bylaws; initial contributions of PKR 20,000 from board members; a social media campaign to be planned; social gatherings to be organised; […].Next meeting: to be announced. The meeting was adjourned at 5:00 PM by Tahir Nihad.
Minutes prepared by Tahir Nihad, 17 September 2023.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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21 September 2023
A temporary treasurer
Shakeel Ahmed was appointed temporary treasurer until the final body was formed.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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22 September 2023
The first contribution
Javed Akhtar paid the first PKR 20,000, his contribution, to Shakeel Ahmed.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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23 September 2023
More contributions, and news of an FIR
Aziz Ahmed, Muhammad Arif and Tahir Nihad also paid their PKR 20,000 each. By now the group had twelve members, Iftikhar Ahmed and Nazia Iftikhar being counted as one.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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25 September 2023
The first financial update
Shakeel Ahmed, as treasurer, reported PKR 120,000 received from six members, and PKR 80,000 still to come from four. One member had asked to leave the board for personal reasons, intending to join later as a resident member.
The six founding contributions, PKR 20,000 each, were those of Tahir Nihad, Javed Akhtar, Muhammad Arif, Aziz Ahmed, Shakeel Ahmed and Raja Zulfiqar Hussain.
The update from Shakeel Ahmed
Financial update
Summary of the tasks under my responsibility as treasurer:
1. Two members are still to share their details.
2. Four members (including those two) have yet to pay.
3. Payments from six members have been received so far (including mine).
4. The total available fund is PKR 120,000 so far.
5. The total expected is PKR 200,000 if everyone pays, so PKR 80,000 is receivable from the four members.Note: one member has asked to be excluded from board membership for personal reasons, but will later join as a resident member of the organisation.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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26 September 2023
RACE is not available: TRACE, GRACE or BRACE
Tahir Nihad told the group that the name RACE was not available, and that he was applying for TRACE, GRACE and BRACE, in equal priority. The name-reservation request dated 26 September 2023 is on file: it is the request the SECP answered on 6 October 2023.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026; the name-reservation form of 26 Sep 2023
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27 September 2023
The three names are resubmitted
Tahir Nihad resubmitted TRACE, GRACE and BRACE to the SECP, in the same priority, hoping for a final name that day.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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28 September 2023
The SECP objects to TRACE
The SECP's objection to TRACE was shared in the group: it asked for a word describing the principal line of business, such as "Foundation", to be added to the name. Shakeel Ahmed asked whether the SECP registered any organisation's name without "Foundation".
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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29 September 2023 · 2:39 PM
A reply to the SECP
Tahir Nihad wrote to the SECP asking it to reconsider the name TRACE without a suffix, and at 2:44 PM told the group that the application had been resubmitted and should be approved on Monday.
The letter, as shared by Tahir Nihad at 2:39 PM
Subject: Name reservation application, "TRACE"
Dear Sir or Madam,
I write in response to your recent communication about the availability of the name "TRACE" for our organisation, and thank you for your prompt attention to our application.
I understand your concern about adding a word describing the principal line of business to the name "TRACE". I would draw your attention to several points that support our request for the name without a suffix:
Descriptive nature. The name "TRACE", The Residents Alliance for Community Empowerment, itself describes the core activities and principal line of business of our organisation, and captures its mission and objectives.
Precedent. Companies have been registered with single-word names without a suffix, in Pakistan and abroad. "COZMULER" has been registered in my name since 2014, and "AMITY" has been registered for years without a suffix.
Past registrations. "KAMAND", another of our private limited companies registered with the SECP, has a single-word name without a suffix.
We therefore request that you reconsider our application for the name "TRACE" without a suffix. We are committed to complying with all relevant laws and regulations, and would be grateful for your guidance towards a smooth registration.
Thank you for your attention. We look forward to your favourable response.
Sincerely,
Tahir NihadThe founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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3 October 2023
A second financial report
Shakeel Ahmed reported PKR 180,000 expected in all, PKR 120,000 received and PKR 60,000 still to come.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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5 October 2023
The rate for exported solar units
Javed Akhtar confirmed with NEPRA's Director of Tariff that the rate for exported solar units had risen from Rs 19.32 to Rs 22.42 from 1 July 2023, and that Bahria Town had not yet applied the new rate. He was gathering information from IESCO before approaching Bahria Town.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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6 October 2023 · 5:02 PM
SECP approves the name BRACE: BRACE’s Founding Day
At 5:02 PM on Friday 6 October 2023 the Securities and Exchange Commission of Pakistan answered the name-reservation request of 26 September 2023: the name BRACE was available, and reserved for 60 days for the registration that would follow.
BRACE keeps 6 October every year as its Founding Day. It was then a community initiative; the company was incorporated on 8 July 2025.
The SECP’s message
This is with reference to your e-name reservation request dated 26/09/2023 on the above subject.
The above proposed name appears to be available for registration under the Companies Act, 2017 (XIX of 2017).
The proposed name would be reserved for you for a period of 60 days only. The company would be registered with the above name if the documents for registration are presented within this period.
A primary document (published or on file) · Source: SECP, “Availability of Company Name – BRACE – Association Under Section 42”, email of 6 Oct 2023, 5:02 PM (BRACE’s registration documents (the founder’s files))
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7 October 2023
The name BRACE is announced to the founding group
Tahir Nihad told the founding group that the SECP had approved the name BRACE the day before, reserving it for 60 days for licensing and registration. The group was renamed “BRACE Management Board”.
Tahir Nihad registered the domain brace.pk. Shakeel Ahmed began work on the logo, the website and banners; he shared thirteen logo designs, one was chosen, and it became the group's picture.
The message from Tahir Nihad
I'm pleased to share a significant update with all of you. Following extensive dialogue, exchanges and concerted efforts with the SECP, we have secured the name "BRACE" for our organisation. It has been officially reserved for us for the next 60 days, giving us the time we need to progress with the licensing and registration procedures.
This is a crucial milestone in our journey. Your dedication and support have been instrumental in reaching it, and I sincerely thank each one of you.
As we move forward, we will continue to work diligently on the constitution, licensing and the tasks ahead. Your involvement and commitment are invaluable, and together we will make a positive impact in our community.
Thank you for your unwavering support.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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8 October 2023
Tag lines proposed
Tahir Nihad proposed twenty tag lines for BRACE. Shakeel Ahmed created BRACE's Twitter account, @BraceSpeaks.
The tag lines proposed
1. Resilience, Compassion, Action.
2. BRACE: Building Hope, Inspiring Change.
3. Empower. Strengthen. Transform.
4. Resilience Unites Us.
5. Compassion in Action.
6. Together, We Rise.
7. Standing for a Better World.
8. Building Resilience, Sharing Compassion.
9. Resilience. Compassion. Impact.
10. Strength in Unity.
11. Inspiring Resilience, Fostering Compassion.
12. Empowering Communities, Changing Lives.
13. United for Impact.
14. Resilience Redefined.
15. Compassion Drives Us.
16. Uniting for a Brighter Future.
17. More Power To You.
18. One For All.
19. Mind over Matter.
20. Must You Struggle.The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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11 October 2023 · 12:30 PM
The BRACE Management Board meets
The BRACE Management Board met by WhatsApp video call at 12:30 PM, hosted and moderated by Shakeel Ahmed, to hear progress on the name and the SECP registration, the financial report and the digital presence, and to discuss the selection of office bearers and their roles.
The agenda, as shared by Shakeel Ahmed
BRACE Management Board meeting
Mode: WhatsApp video call · Date: Wednesday 11 October 2023 · Time: 12:30 PM (Pakistan Standard Time) · Host and moderator: Shakeel AhmedAgenda:
Welcome note by the host.
1. Progress on the action items agreed earlier, by Tahir Nihad: (a) finalising the organisation's name; (b) the SECP registration process and related actions; (c) the selection of directors and follow-up of pending items.
2. Financial report, by Shakeel Ahmed.
3. Digital presence, progress by Shakeel Ahmed.
New points for discussion:
4. Selection of office bearers: briefing by Tahir Nihad.
5. Roles and responsibilities, with clear tasks and deadlines: Tahir Nihad to explain the roles under the SECP's guidelines; roles to be assigned by mutual consent on expertise, skills and experience.
6. Any other concerns.
7. Conclusion and the next meeting.The guidelines for taking part followed those of the meeting of 17 September 2023.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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11 to 19 October 2023
Differences on the board
From 11 to 19 October 2023 a long debate followed the meeting. Two directors left the group, and at least twice efforts were made to restore unity, without success.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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20 October 2023
The organising group is reconstituted
Tahir Nihad told the group that a majority of the organising board had decided that Ameen Sharif, Nazia Iftikhar and Iftikhar Ahmed were relieved as board members, that Shakeel Ahmed had agreed to rejoin, and that anyone who had left or been relieved would be refunded their PKR 20,000 contribution. A separate group for members was to follow.
Immediately afterwards Nazia Iftikhar, Iftikhar Ahmed and Ameen Sharif were removed from the group and Shakeel Ahmed was added back.
Shakeel Ahmed refunded Muhammad Arif's PKR 20,000 within about a week, before he passed the remaining funds to Tahir Nihad. A further PKR 20,000, given jointly by Nazia Iftikhar and Iftikhar Ahmed apart from the six founding contributions, was also refunded. These were decisions of the organising group; they had no effect on the company, which was incorporated in July 2025.
The founder’s account · Source: The founding WhatsApp group (“BTRWA Opposition”, later “BRACE Management Board”), as recounted by Tahir Nihad on 27 Oct 2026
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20 November 2023
The first constitution is passed
The organising group passed BRACE's first constitution, a preliminary formality of the community initiative. It is not the company's governing instrument: since 8 July 2025 BRACE is governed by its Memorandum and Articles of Association.
The founder’s account · Source: Tahir Nihad, 27 Oct 2026
2024
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12 January 2024
NEPRA directs that exported solar units not be deducted, pending its decision
NEPRA directed Bahria Town (BTPL), as an interim measure, not to deduct 30% of residents' exported solar units until it decided the complaints before it. This was an interim direction, not the final decision.
A primary document (published or on file) · Source: NEPRA decision of 6 Sep 2024, which recounts it
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27 March 2024
A residents’ complaint to NEPRA
A complaint to NEPRA about tariffs, the 30% deduction of exported solar units, refunds, an audit of billing and interim administration. NEPRA's decision of 6 September 2024 records it and names Tahir Nihad and others as complainants. The remedies sought were not all granted.
A primary document (published or on file) · Source: NEPRA decision of 6 Sep 2024
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4 April 2024
The RDA inspects Phase 8 after BRACE’s request
An RDA team inspected the Soan riverbank, the Overseas areas and the Business District of Phase 8. Dawn reported that Tahir Nihad said the inspection followed BRACE's request.
Reported in the press · Source: Dawn, 7 Apr 2024
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8 April 2024
The RDA announces action in Phase 8
The RDA announced action in Phase 8 over green-belt and road conversions, hoardings and activities along the river. An inspection and an enforcement action are separate steps; the outcome of each is to be recorded when known.
Reported in the press · Source: Dawn, 9 Apr 2024
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11 May 2024
Phase 8 residents protest, supported by BRACE
Residents of Phase 8 protested against power and maintenance charges, with the support of BRACE and Tajir Itehad. What followed, including the excavations and disconnections residents described, is reported as their allegation.
Reported in the press · Source: Dawn, 12 May 2024
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30 July 2024
A complaint to NAB
BRACE complained to the National Accountability Bureau about Bahria Town's governance, electricity, collections and the harm to residents and owners. A complaint is not a finding.
The founder’s account · Source: Tahir Nihad, 27 Oct 2026
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6 September 2024
NEPRA decides the solar-units complaints
NEPRA decided the consolidated complaints about exported solar units, directing IESCO and BTPL on compliance and on the deductions already made. The decision names Tahir Nihad and others as complainants. Taking part as a complainant is not the same as the whole outcome; what was implemented is to be recorded separately.
A primary document (published or on file) · Source: NEPRA decision of 6 Sep 2024
2025
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2 July 2025
The SECP grants BRACE its section 42 licence
The Securities and Exchange Commission of Pakistan granted BRACE a licence under section 42 of the Companies Act, 2017 (licence A092232).
A certified document · Source: The licence, certified copy (BRACE’s registration documents (the founder’s files))
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8 July 2025
BRACE is incorporated
BRACE was incorporated as a public company limited by guarantee, not having share capital (CUIN 0300170), with Tahir Nihad, Zahid Mahmood and Aziz Ahmed as its first directors and Tahir Nihad as its Chief Executive. What BRACE did before this day was done by the community initiative.
A certified document · Source: Certificate of incorporation and Form 1, certified copies (BRACE’s registration documents (the founder’s files))
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11 July 2025
“Life is Green” is announced
BRACE announced “Life is Green”, a tree-planting drive along the River Soan in association with DHA, with preparations from 19 July and a planting planned for 14 August 2025. This records the announcement; whether the planting took place is to be confirmed.
BRACE’s records · Source: BRACE’s website, 11 Jul 2025
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4 August 2025
A RABT support group for Phase 9 and Phase 8 Extension buyers
RABT, led by Tahir Nihad as its Chairman, launched a WhatsApp support group for buyers affected by delays in Phase 9 and the Phase 8 Extension, with registration on rabt.online. The announcement was posted on BRACE's former website.
BRACE’s records · Source: BRACE’s website, 4 Aug 2025
2026
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3 January 2026
The RDA orders an inquiry into Phase 8 possession
The Director General of the RDA ordered an inquiry, and legal action, over delayed possession for Phase 8 allottees. BRACE was not necessarily the only complainant.
Reported in the press · Source: Dawn, 4 Jan 2026
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2 May 2026
A demonstration at Allama Iqbal Junction, Phase 8
Dawn reported that residents marched at Allama Iqbal Junction in Phase 8, demanding within 15 days an owners' association to run the area, and action on electricity, accounts and property rights. It reported that the procession was led by Tahir Nihad, whom it named as Chairman of RABT and President of BRACE. RABT is a separate organisation.
Reported in the press · Source: Dawn, 3 May 2026
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24 May 2026
A meeting with NAB headquarters
BRACE met NAB headquarters by video link about utilities, transfers, residents' records and housing projects.
The founder’s account · Source: Tahir Nihad, 27 Oct 2026
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25 August 2026
A meeting with NAB’s Combined Investigation Team
Following NAB's call-up of 20 August 2026, BRACE met its Combined Investigation Team about housing schemes, accounts, electricity and relief for affected owners. Taking part in an investigation is not its outcome.
The founder’s account · Source: Tahir Nihad, 27 Oct 2026; NAB call-up of 20 Aug 2026
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20 September 2026
A consolidated application to the RDA and NAB
BRACE submitted a consolidated application of 128 pages to the RDA and NAB, setting out the history of Phase 8 and asking for records, regulatory action and protection for purchasers.
The founder’s account · Source: Tahir Nihad, 27 Oct 2026; the application of 20 Sep 2026