AGL 39.51 Decreased By ▼ -0.49 (-1.23%)
AIRLINK 128.48 Decreased By ▼ -0.58 (-0.45%)
BOP 6.86 Increased By ▲ 0.11 (1.63%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.06 Increased By ▲ 0.24 (0.59%)
DGKC 82.24 Increased By ▲ 1.28 (1.58%)
FCCL 33.15 Increased By ▲ 0.38 (1.16%)
FFBL 74.05 Decreased By ▼ -0.38 (-0.51%)
FFL 11.96 Increased By ▲ 0.22 (1.87%)
HUBC 109.35 Decreased By ▼ -0.23 (-0.21%)
HUMNL 14.12 Increased By ▲ 0.37 (2.69%)
KEL 5.23 Decreased By ▼ -0.08 (-1.51%)
KOSM 7.46 Decreased By ▼ -0.26 (-3.37%)
MLCF 39.25 Increased By ▲ 0.65 (1.68%)
NBP 64.00 Increased By ▲ 0.49 (0.77%)
OGDC 193.00 Decreased By ▼ -1.69 (-0.87%)
PAEL 25.52 Decreased By ▼ -0.19 (-0.74%)
PIBTL 7.30 Decreased By ▼ -0.09 (-1.22%)
PPL 153.00 Decreased By ▼ -2.45 (-1.58%)
PRL 25.50 Decreased By ▼ -0.29 (-1.12%)
PTC 17.58 Increased By ▲ 0.08 (0.46%)
SEARL 81.60 Increased By ▲ 2.95 (3.75%)
TELE 7.68 Decreased By ▼ -0.18 (-2.29%)
TOMCL 33.48 Decreased By ▼ -0.25 (-0.74%)
TPLP 8.44 Increased By ▲ 0.04 (0.48%)
TREET 16.40 Increased By ▲ 0.13 (0.8%)
TRG 56.70 Decreased By ▼ -1.52 (-2.61%)
UNITY 27.58 Increased By ▲ 0.09 (0.33%)
WTL 1.35 Decreased By ▼ -0.04 (-2.88%)
BR100 10,512 Increased By 67.1 (0.64%)
BR30 31,125 Decreased By -64 (-0.21%)
KSE100 98,265 Increased By 466.7 (0.48%)
KSE30 30,683 Increased By 202.8 (0.67%)

Two sugar mills owners have approached the Lahore High Court (LHC) against the Punjab government seizing sugar from their premises beyond 30 percent limit, as settled in the Supreme Court. The petitioners, owners of Brothers Sugar Mills and Gunj Shakar Sugar Mills contended that it was settled between sugar mills owners and government that mills would provide 30 percent of their production at Rs 40/Kg for public, while the 70 percent sugar was to be supplied for commercial usage.
They said secretary food had written a letter to them to supply more sugar and they have given up to 43 percent of their production but the government is still demanding more sugar. They alleged that officials of city government are minting money as they are selling all the sugar at commercial rate. They therefore prayed to the court to restrain government from taking any coercive measures against them for demanding more than required quota.

Copyright Business Recorder, 2009

Comments

Comments are closed.