AIRLINK 176.89 Decreased By ▼ -2.72 (-1.51%)
BOP 11.35 Decreased By ▼ -0.17 (-1.48%)
CNERGY 7.94 Decreased By ▼ -0.04 (-0.5%)
FCCL 45.41 Decreased By ▼ -1.21 (-2.6%)
FFL 16.32 Decreased By ▼ -0.29 (-1.75%)
FLYNG 27.85 Decreased By ▼ -0.73 (-2.55%)
HUBC 138.98 Decreased By ▼ -2.09 (-1.48%)
HUMNL 13.20 Increased By ▲ 0.05 (0.38%)
KEL 4.41 Decreased By ▼ -0.10 (-2.22%)
KOSM 6.14 Decreased By ▼ -0.11 (-1.76%)
MLCF 58.86 Decreased By ▼ -0.54 (-0.91%)
OGDC 218.17 Decreased By ▼ -9.18 (-4.04%)
PACE 5.97 Increased By ▲ 0.01 (0.17%)
PAEL 45.87 Decreased By ▼ -2.31 (-4.79%)
PIAHCLA 18.23 Decreased By ▼ -0.16 (-0.87%)
PIBTL 10.55 Increased By ▲ 0.08 (0.76%)
POWER 11.51 Decreased By ▼ -0.02 (-0.17%)
PPL 184.50 Decreased By ▼ -6.88 (-3.59%)
PRL 37.04 Decreased By ▼ -1.10 (-2.88%)
PTC 24.08 Decreased By ▼ -0.23 (-0.95%)
SEARL 97.66 Decreased By ▼ -2.30 (-2.3%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 37.32 Decreased By ▼ -0.70 (-1.84%)
SYM 15.34 Decreased By ▼ -0.10 (-0.65%)
TELE 7.87 Decreased By ▼ -0.14 (-1.75%)
TPLP 11.11 Increased By ▲ 0.01 (0.09%)
TRG 70.20 Increased By ▲ 1.99 (2.92%)
WAVESAPP 11.10 Decreased By ▼ -0.06 (-0.54%)
WTL 1.38 Decreased By ▼ -0.02 (-1.43%)
YOUW 3.82 Decreased By ▼ -0.11 (-2.8%)
AIRLINK 176.89 Decreased By ▼ -2.72 (-1.51%)
BOP 11.35 Decreased By ▼ -0.17 (-1.48%)
CNERGY 7.94 Decreased By ▼ -0.04 (-0.5%)
FCCL 45.41 Decreased By ▼ -1.21 (-2.6%)
FFL 16.32 Decreased By ▼ -0.29 (-1.75%)
FLYNG 27.85 Decreased By ▼ -0.73 (-2.55%)
HUBC 138.98 Decreased By ▼ -2.09 (-1.48%)
HUMNL 13.20 Increased By ▲ 0.05 (0.38%)
KEL 4.41 Decreased By ▼ -0.10 (-2.22%)
KOSM 6.14 Decreased By ▼ -0.11 (-1.76%)
MLCF 58.86 Decreased By ▼ -0.54 (-0.91%)
OGDC 218.17 Decreased By ▼ -9.18 (-4.04%)
PACE 5.97 Increased By ▲ 0.01 (0.17%)
PAEL 45.87 Decreased By ▼ -2.31 (-4.79%)
PIAHCLA 18.23 Decreased By ▼ -0.16 (-0.87%)
PIBTL 10.55 Increased By ▲ 0.08 (0.76%)
POWER 11.51 Decreased By ▼ -0.02 (-0.17%)
PPL 184.50 Decreased By ▼ -6.88 (-3.59%)
PRL 37.04 Decreased By ▼ -1.10 (-2.88%)
PTC 24.08 Decreased By ▼ -0.23 (-0.95%)
SEARL 97.66 Decreased By ▼ -2.30 (-2.3%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 37.32 Decreased By ▼ -0.70 (-1.84%)
SYM 15.34 Decreased By ▼ -0.10 (-0.65%)
TELE 7.87 Decreased By ▼ -0.14 (-1.75%)
TPLP 11.11 Increased By ▲ 0.01 (0.09%)
TRG 70.20 Increased By ▲ 1.99 (2.92%)
WAVESAPP 11.10 Decreased By ▼ -0.06 (-0.54%)
WTL 1.38 Decreased By ▼ -0.02 (-1.43%)
YOUW 3.82 Decreased By ▼ -0.11 (-2.8%)
BR100 12,354 Decreased By -242.4 (-1.92%)
BR30 38,124 Decreased By -1009.1 (-2.58%)
KSE100 116,440 Decreased By -2002.6 (-1.69%)
KSE30 35,703 Decreased By -672.5 (-1.85%)

The Competition Appellate Tribunal (CAT) has dismissed an appeal filed by the Dairy Farmer Association Karachi (DFAK) as withdrawn.

The DFAK had filed the appeal against penalties imposed last year in December by the Competition Commission of Pakistan (CCP) on the representatives of three dairy associations in Karachi for collusive practices aimed at influencing the price of fresh milk—violating Section 4(1) and 4(2)(a) of the Competition Act, 2010.

During the proceedings, the tribunal was informed that the appeal was not maintainable, since no adverse order had been passed against the appellant, according to a statement released on Friday.

The counsel for the CCP clarified that DFAK was registered as a society under the Societies Registration Act, 1860, and the penalty in question had been imposed on the association’s representative, not the association itself.

CAT accepted the CCP’s legal position and directed the appellant’s counsel to withdraw the appeal. With the appellant’s consent, the tribunal subsequently dismissed the appeal as withdrawn.

PDA seeks reduction in hefty GST on dairy products

The penalties included Rs1 million imposed on Shakir Umer Gujjar of M/s Dairy and Cattle Farmers Association (DCFA); Rs500,000 each imposed on Haji Akhtar Gujjar of M/s Dairy Farmer Association Karachi (DFAK) and Haji Sikandar Nagori of M/s Karachi Dairy Farmers Association (KDFA).

As per the statement, the CCP initiated an inquiry following media reports of a sharp rise in milk prices across Karachi.

Investigations confirmed that the three associations, operating at various stages of the fresh milk supply chain, were actively involved in anti-competitive practices that led to a significant price hike affecting consumers in Karachi and surrounding areas.

Comments

200 characters