AIRLINK 213.60 Increased By ▲ 4.05 (1.93%)
BOP 10.35 Decreased By ▼ -0.11 (-1.05%)
CNERGY 7.17 Decreased By ▼ -0.18 (-2.45%)
FCCL 34.02 Decreased By ▼ -0.37 (-1.08%)
FFL 18.18 Increased By ▲ 0.13 (0.72%)
FLYNG 22.70 Decreased By ▼ -0.22 (-0.96%)
HUBC 130.70 Decreased By ▼ -1.79 (-1.35%)
HUMNL 14.25 Increased By ▲ 0.11 (0.78%)
KEL 5.04 Increased By ▲ 0.01 (0.2%)
KOSM 7.05 Decreased By ▼ -0.02 (-0.28%)
MLCF 44.60 Decreased By ▼ -0.60 (-1.33%)
OGDC 218.36 Decreased By ▼ -0.02 (-0.01%)
PACE 7.68 Increased By ▲ 0.10 (1.32%)
PAEL 41.90 Increased By ▲ 0.20 (0.48%)
PIAHCLA 17.36 Increased By ▲ 0.06 (0.35%)
PIBTL 8.75 Increased By ▲ 0.20 (2.34%)
POWERPS 12.50 No Change ▼ 0.00 (0%)
PPL 187.50 Decreased By ▼ -1.53 (-0.81%)
PRL 41.53 Decreased By ▼ -0.80 (-1.89%)
PTC 25.55 Increased By ▲ 0.38 (1.51%)
SEARL 102.20 Decreased By ▼ -1.76 (-1.69%)
SILK 1.03 No Change ▼ 0.00 (0%)
SSGC 41.02 Increased By ▲ 1.78 (4.54%)
SYM 19.20 Increased By ▲ 0.04 (0.21%)
TELE 9.20 Decreased By ▼ -0.04 (-0.43%)
TPLP 12.74 Decreased By ▼ -0.36 (-2.75%)
TRG 69.09 Decreased By ▼ -0.09 (-0.13%)
WAVESAPP 10.64 Decreased By ▼ -0.08 (-0.75%)
WTL 1.91 Increased By ▲ 0.20 (11.7%)
YOUW 4.10 Decreased By ▼ -0.04 (-0.97%)
BR100 12,063 Decreased By -16.3 (-0.14%)
BR30 36,445 Decreased By -157.8 (-0.43%)
KSE100 116,097 Increased By 44.2 (0.04%)
KSE30 36,587 Increased By 9.7 (0.03%)

The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Thursday removed Syeda Saeeda Bano from the post of its woman vice president. In a notification issued by FPCCI here on Thursday, Syeda Saeeda Bano shall cease to hold the office of the woman vice president of FPCCI, representing Women Chamber of Commerce and Industry (WCCI) with immediate effect and Nazli Abid Nisar shall hold the same office with immediate effect till December 31, 2018.
Needless to mention, the decision was made in compliance with the order of Directorate General of Trade Organization (DGTO) issued on October 23, 2018. The DGTO in its order directed the FPCCI to immediately notify the removal of its incumbent vice president FPCCI Syeda Saeeda Bano from the post and notify Nazli Abid Nisar as returned candidate for remaining tenure of the office because the status of the WCCI, Karachi East at the time of FPCCI elections 2018 was not determined and the acceptance of the nomination of the chamber was a violation by the FPCCI.
Therefore, the election of the nominee of WCCI, Karachi East on the women seat of vice president FPCCI for 2018 was illegal and declared null and void under section 14(3)(f)(iii) of the Trade Organization Act, 2013.

Copyright Business Recorder, 2018

Comments

Comments are closed.