AGL 40.21 Increased By ▲ 0.21 (0.53%)
AIRLINK 126.90 Decreased By ▼ -0.14 (-0.11%)
BOP 6.62 Decreased By ▼ -0.05 (-0.75%)
CNERGY 4.52 Increased By ▲ 0.01 (0.22%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.72 Increased By ▲ 0.28 (0.68%)
DGKC 86.90 Increased By ▲ 0.05 (0.06%)
FCCL 32.40 Increased By ▲ 0.12 (0.37%)
FFBL 65.10 Increased By ▲ 0.30 (0.46%)
FFL 10.19 Decreased By ▼ -0.06 (-0.59%)
HUBC 109.60 Increased By ▲ 0.03 (0.03%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.13 Increased By ▲ 0.08 (1.58%)
KOSM 7.55 Increased By ▲ 0.09 (1.21%)
MLCF 41.50 Increased By ▲ 0.12 (0.29%)
NBP 59.69 Decreased By ▼ -0.72 (-1.19%)
OGDC 194.69 Increased By ▲ 4.59 (2.41%)
PAEL 28.20 Increased By ▲ 0.37 (1.33%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 152.52 Increased By ▲ 2.46 (1.64%)
PRL 26.63 Decreased By ▼ -0.25 (-0.93%)
PTC 16.10 Increased By ▲ 0.03 (0.19%)
SEARL 79.70 Decreased By ▼ -6.30 (-7.33%)
TELE 7.47 Decreased By ▼ -0.24 (-3.11%)
TOMCL 35.45 Increased By ▲ 0.04 (0.11%)
TPLP 8.25 Increased By ▲ 0.13 (1.6%)
TREET 16.06 Decreased By ▼ -0.35 (-2.13%)
TRG 52.98 Decreased By ▼ -0.31 (-0.58%)
UNITY 26.75 Increased By ▲ 0.59 (2.26%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,941 Increased By 56.9 (0.58%)
BR30 30,902 Increased By 301.8 (0.99%)
KSE100 93,790 Increased By 434.4 (0.47%)
KSE30 29,067 Increased By 136.1 (0.47%)

The Lahore High Court on Tuesday stayed DTH (Direct-To-Home) licensing bidding process by Pakistan Electronic Media Regulatory Authority (Pemra) till decision on petitions against the rules for grant of the licence. The bidding process was scheduled for November 23. The stay was issued on applications filed by Independent Newspaper Corporation and others. The court had already heard the main case against the Pemra's rules on DTH licences and reserved its verdict.
The applicants argued that since the decision in main case is yet to be announced, the bidding of the DTH licensing should be delayed. Pemra's counsel Salman Akram Raja opposed the stay applications. He argued that no right of the applicants had been infringed. He asked the court to dismiss the applications. The court, however, observed that since important questions of law and valuable rights were involved in the case, the tender could not be opened till the decision of the court.

Copyright Business Recorder, 2016

Comments

Comments are closed.