AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,599 Increased By 139.8 (0.55%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)
Top News

LHC orders sealing of Sharif family's two sugar mills

%D%ARECORDER REPORT %D%ALAHORE: A division bench of the Lahore High Court on Thursday ordered the sealing of Haseeb Waqas Sugar Mills and Chaudhry Sugar Mills owned by the ruling Sharif family which were shifted to new locations in violation of stay order
Published March 3, 2017

image

RECORDER REPORT

LAHORE: A division bench of the Lahore High Court on Thursday ordered the sealing of Haseeb Waqas Sugar Mills and Chaudhry Sugar Mills owned by the ruling Sharif family which were shifted to new locations in violation of stay orders.

The bench headed by Chief Justice Syed Mansoor Ali Shah also directed sessions judges of Muzaffarghar and R Y Khan to submit the compliance report. The bench observed that the two sugar mills would remain shut till further orders and adjourned the proceedings to March 28 in intra-court appeals of these two mills and Ittefaq Sugar Mills. These mills had challenged a single benchs decision of setting aside their shifting to new districts.

The single bench had passed the impugned decision on October 2016 on petitions filed by JDW Sugar Mills of PTI leader Jahangir Tareen and others.

Earlier, Aitzaz Ahsan, presenting JDW Sugar Mills, stated that the three sugar mills of the Sharif family completed their shifting process in violation of stay orders issued by different courts.

He said Chaudhry Sugar Mills spent Rs 600 million on its relocation despite the stay. He also presented a bank documents and photographs of the mills shifting process in support of his argument. Aitzaz further argued that the relocation policy for sugar mills announced by the provincial government in 2015 was based on mala fide intention. He said environmental laws were also ignored in shifting of the mills.

Copyright Business Recorder, 2017

Comments

Comments are closed.