AIRLINK 72.05 Decreased By ▼ -0.13 (-0.18%)
BOP 5.00 Increased By ▲ 0.07 (1.42%)
CNERGY 4.37 Increased By ▲ 0.02 (0.46%)
DFML 30.52 Increased By ▲ 2.03 (7.13%)
DGKC 81.84 Increased By ▲ 0.54 (0.66%)
FCCL 21.39 Decreased By ▼ -0.11 (-0.51%)
FFBL 32.48 Decreased By ▼ -0.57 (-1.72%)
FFL 9.88 Increased By ▲ 0.02 (0.2%)
GGL 10.45 Decreased By ▼ -0.03 (-0.29%)
HBL 113.50 Decreased By ▼ -0.50 (-0.44%)
HUBC 137.75 Decreased By ▼ -2.25 (-1.61%)
HUMNL 10.03 Increased By ▲ 1.00 (11.07%)
KEL 4.68 Decreased By ▼ -0.05 (-1.06%)
KOSM 4.47 Increased By ▲ 0.09 (2.05%)
MLCF 37.41 Decreased By ▼ -0.24 (-0.64%)
OGDC 133.99 Increased By ▲ 0.29 (0.22%)
PAEL 25.90 Increased By ▲ 0.30 (1.17%)
PIAA 24.30 Increased By ▲ 0.32 (1.33%)
PIBTL 6.47 Decreased By ▼ -0.01 (-0.15%)
PPL 121.55 Decreased By ▼ -1.07 (-0.87%)
PRL 27.13 Increased By ▲ 0.06 (0.22%)
PTC 13.91 Increased By ▲ 0.31 (2.28%)
SEARL 58.56 Increased By ▲ 1.94 (3.43%)
SNGP 68.50 Decreased By ▼ -0.74 (-1.07%)
SSGC 10.20 Decreased By ▼ -0.14 (-1.35%)
TELE 8.62 Increased By ▲ 0.17 (2.01%)
TPLP 11.16 Decreased By ▼ -0.12 (-1.06%)
TRG 61.70 Increased By ▲ 0.49 (0.8%)
UNITY 25.30 Decreased By ▼ -0.03 (-0.12%)
WTL 1.58 Increased By ▲ 0.08 (5.33%)
BR100 7,607 Decreased By -22.3 (-0.29%)
BR30 24,962 Decreased By -27.5 (-0.11%)
KSE100 72,666 Increased By 63.7 (0.09%)
KSE30 23,418 Decreased By -120.1 (-0.51%)

Sindh High Court (SHC) has restrained the Board of Pakistan International Airlines (PIA) from carrying out any functions while hearing a petition, seeking to declare the appointment of Air Marshall Arshad Mehmood Malik as Chief Executive Officer (CEP) of the national airline illegal and unconstitutional.

A division bench of SHC Justice Zaulfiqar Ahmed Khan and Justice Madam Kausar Sultan issued the directives in a written order in response to a petition, filed by Muhammad Safdar Anjam, a member of association of employees of PIA.

Cabinet Division, Aviation Ministry, PIA, Air Marshall Arshad Mahmood Malik, CEO PIA, Board of PIA through its Chairman, CEO and others were made respondents in the petition.

Order stated that counsel for the petitioner also pointed out that the respondent (Arshad Mahmood Malik) is making huge financial decisions that might encumber or charge valuable assets of the corporation and may result in selling.

Counsel for petitioner urged the court to restrain CEO PIA from carrying out any functions and operations in his capacity as CEO including but not limited to appointments, terminations, transfers, procurement and policy making etc. The Court ordered to issue notices to respondents for January 22, 2019 and restrained the board of PIA from carrying out any functions.

Copyright Business Recorder, 2019

Comments

Comments are closed.