AIRLINK 193.56 Decreased By ▼ -1.27 (-0.65%)
BOP 9.95 Increased By ▲ 0.14 (1.43%)
CNERGY 7.93 Increased By ▲ 0.57 (7.74%)
FCCL 40.65 Increased By ▲ 2.07 (5.37%)
FFL 16.86 Increased By ▲ 0.41 (2.49%)
FLYNG 27.75 Increased By ▲ 0.21 (0.76%)
HUBC 132.58 Increased By ▲ 0.83 (0.63%)
HUMNL 13.89 Increased By ▲ 0.03 (0.22%)
KEL 4.60 Decreased By ▼ -0.06 (-1.29%)
KOSM 6.62 Decreased By ▼ -0.04 (-0.6%)
MLCF 47.60 Increased By ▲ 2.21 (4.87%)
OGDC 213.91 Decreased By ▼ -0.08 (-0.04%)
PACE 6.93 Increased By ▲ 0.07 (1.02%)
PAEL 41.24 Increased By ▲ 1.18 (2.95%)
PIAHCLA 17.15 Increased By ▲ 0.36 (2.14%)
PIBTL 8.41 Increased By ▲ 0.09 (1.08%)
POWER 9.64 Increased By ▲ 0.21 (2.23%)
PPL 182.35 Increased By ▲ 0.16 (0.09%)
PRL 41.96 Increased By ▲ 0.13 (0.31%)
PTC 24.90 Increased By ▲ 0.34 (1.38%)
SEARL 106.84 Increased By ▲ 4.31 (4.2%)
SILK 0.99 Decreased By ▼ -0.01 (-1%)
SSGC 40.10 Increased By ▲ 0.66 (1.67%)
SYM 17.47 Increased By ▲ 0.14 (0.81%)
TELE 8.84 Increased By ▲ 0.08 (0.91%)
TPLP 12.75 No Change ▼ 0.00 (0%)
TRG 66.95 Increased By ▲ 1.55 (2.37%)
WAVESAPP 11.33 Increased By ▲ 0.22 (1.98%)
WTL 1.79 Increased By ▲ 0.09 (5.29%)
YOUW 4.07 Increased By ▲ 0.13 (3.3%)
BR100 12,045 Increased By 70.8 (0.59%)
BR30 36,580 Increased By 433.6 (1.2%)
KSE100 114,038 Increased By 594.4 (0.52%)
KSE30 35,794 Increased By 159 (0.45%)
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.