AIRLINK 198.50 Increased By ▲ 0.53 (0.27%)
BOP 9.89 Decreased By ▼ -0.15 (-1.49%)
CNERGY 7.22 Decreased By ▼ -0.07 (-0.96%)
FCCL 37.92 Increased By ▲ 1.92 (5.33%)
FFL 16.75 Decreased By ▼ -0.16 (-0.95%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 134.90 Increased By ▲ 0.87 (0.65%)
HUMNL 14.17 Increased By ▲ 0.03 (0.21%)
KEL 4.75 Decreased By ▼ -0.03 (-0.63%)
KOSM 6.80 Decreased By ▼ -0.14 (-2.02%)
MLCF 45.95 Increased By ▲ 0.97 (2.16%)
OGDC 217.00 Decreased By ▼ -1.23 (-0.56%)
PACE 6.91 Decreased By ▼ -0.03 (-0.43%)
PAEL 40.88 Decreased By ▼ -0.54 (-1.3%)
PIAHCLA 16.93 Increased By ▲ 0.07 (0.42%)
PIBTL 8.37 Decreased By ▼ -0.09 (-1.06%)
POWER 9.39 No Change ▼ 0.00 (0%)
PPL 184.38 Decreased By ▼ -1.55 (-0.83%)
PRL 41.59 Increased By ▲ 0.32 (0.78%)
PTC 24.98 Increased By ▲ 0.21 (0.85%)
SEARL 103.75 Decreased By ▼ -0.90 (-0.86%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.30 Decreased By ▼ -0.61 (-1.49%)
SYM 17.78 Decreased By ▼ -0.27 (-1.5%)
TELE 8.81 Decreased By ▼ -0.10 (-1.12%)
TPLP 12.74 Decreased By ▼ -0.10 (-0.78%)
TRG 66.30 Decreased By ▼ -0.30 (-0.45%)
WAVESAPP 11.40 Increased By ▲ 0.10 (0.88%)
WTL 1.74 Decreased By ▼ -0.04 (-2.25%)
YOUW 3.99 Decreased By ▼ -0.01 (-0.25%)
BR100 12,098 Decreased By -11.2 (-0.09%)
BR30 36,607 Increased By 9.3 (0.03%)
KSE100 114,840 Decreased By -202.4 (-0.18%)
KSE30 36,117 Decreased By -82.6 (-0.23%)

Around seventy political parties have failed to submit their consolidated statement of accounts before Election Commission of Pakistan (ECP) which is mandatory under the Constitution to contest election.
Sources from Election Commission disclosed that August 29, 2011, was declared by ECP as last date for submission of statement of accounts. The requests were sent to all the political parties in the country. Despite sending reminders to them, only 40 political parties out of 168 so far submitted their consolidated statement of accounts till August 27.
According to the website of ECP, the submission of accounts is mandatory‚ in light of Article 13 of the Political Parties Order 2002. The Article states: Every political party has to submit a statement of accounts within 60 days from the closure of each financial year. It has been learnt that the parties which could not meet the deadline will be considered ineligible to take part in the coming general elections.

Copyright Business Recorder, 2011

Comments

Comments are closed.