The Destination Issue 21 Vol 1

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ISLAMABAD ISSUE: 21 VOL: 1

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Ramadan 04 1468 AH.

Pak-India cordial relations cornerstone for prosperity of people of both countries: Nisar Interior Minister Chaudhry Nisar Ali Khan on Tuesday said that resolution of long standing issues between Pakistan and India is essential for sustainable and lasting peace in the region. “Pak-India cordial relations are cornerstone for development and prosperity of people of both countries,” he said while talking to Pakistani High Commissioner designate to India Sohail Mahmood in Islamabad. The Interior Minister said, “Sincere bilateral efforts are core component to resolve all facing problems and to maintain peace in the region.” During the meeting, matters pertaining to Pak-India relations and regional situation came under discussion. On the occasion, the Interior Minister felicitated designated Pakistani High commissioner over his deployment. Show cause notice issued to TV channel for violating Ramazan guidelines Pakistan Electronic Media Regulatory Authority (PEMRA) on Tuesday issued show cause notice to ARY News for violating the Ramazan guidelines that were issued to all the satellite TV channels. According to a statement, the Ramazan guidelines were issued by PEMR A on the directives of the Islamabad High Court (IHC). The channel management has been directed to file reply within 3 days i.e. by June 2, 2017. President signs Companies Act, 2017, into law I SL A M A BA D, 30 M AY (DNA) - President Mamnoon Hussain on Tuesday signed the Companies Act, 2017 on Tuesday, marking the dawn of a new era that promises great opportunities for the corporate sector to thrive in a challenging global environment. After thorough public consultation and legal vetting by Ministry of Law and Justice, the Companies Bill was introduced in the National Assembly on November 18, 2016. On February 6, the National Assembly passed the Companies Bill, 2017 and finally the Senate passed it on May 15. The level of stakeholder consultation by the Securities and Exchange Commission of Pakistan (SECP) during the drafting and approval stages was unprecedented in the history of company law in Pakistan. Nat ion facing worst governance of incompetent, corrupt: Fawad PTI Spokesperson Fawad Choudhary on Tuesday said that the nation is facing worst governance at the hands of the most incompetent and corrupt ‘clique.’ In a statement, he said, “Pushing people into the abyss of ignorance and despair, Pakistan Muslim League-Nawaz (PMLN) is still dreaming of sticking to the power shamelessly.” “This group of bandits is trying to escape Joint Investigation Team (JIT) probe under the supervision of Supreme Court. Even after being rebuked by Supreme Court, PML-N won’t refrain from hindering and influencing the investigation process,” he added. Increased taxes on CNG industry rejected T h e A l l Pa k i s t a n C NG Association on Tuesday rejected increased taxes slapped on the CNG sector in the recentlyannounced budget and called for its immediate reversal.

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Hussain Nawaz appears before JIT again for 2nd hearing

Hu ssai n Nawa z reached Judicial Academy to appear in front of Joint Investigation (JIT) for second hearing. JIT called him for Panama probe again as he did not provide relevant documents and answers during first hearing. Fu r t h e r m o r e , P r e sid e n t National Bank, Saeed Ahmad, is also present in the academy to appear before JIT. The premier’s son reached along with

senior leaders of Pakistan Muslim League-Nawaz (PMLN) including Asif Kirmani and Hanif Abbasi. W hile talking to media, Kirmani stated that party’s apprehensions regarding two members of JIT are on the record of Supreme Court. “T hese members should have leave JIT,” he said. The PML-N leader further asserted PML-N is hopeful that verdict

by JIT will be given according to law and merit. Large number of PML-N supporters are also present outside the judicial academy. Two days ago, the Joint Investigation Team (JIT) for Panama case recalled Hussain Nawaz on May 30th for further investigation. During first hearing the son of Prime Minister was given questionnaire and asked to

Chairman JCSC General Zubair Mahmood Hayat meets PM Nawaz Sharif

Chairman, Joint Chiefs of Staff Committee General Zubair Mahmood Hayat called on Prime Minister Muhammad

Nawaz Sharif in Islamabad yesterday. Defence and security matters were discussed during the

meeting. Matters related to strategic and operational preparedness of the Armed forces also came under discussion.

Imran Khan gets 1-week by SC for off-shore company’s records T he Supre me Cou r t on Tuesday issued notices to Pakistan Tehreek-i-Insaaf (PTI) Chairman Imran Khan and ordered him to submit relevant details pertaining to Niazi Services Limited — an off-shore company owned by the PTI chairman — before the court. A three-member bench, comprising Chief Justice Saqib Nasir, Justice Umar Ata Bandial and Justice Faisal Arab, was hearing a petition seeking the disqualification of the PTI chief and Secretary General Jehangir Tareen. The petition, filed by PML-N’s Hanif Abassi, accuses the two PTI leaders of not declaring

their assets to the Election Commission of Pakistan (ECP) and seeks to unseat them based on their alleged violations of the lncome Tax Ordinance, 1979 and the Peoples Act, 1974. After Tuesday’s hearing, the

bench, acting on an application filed by PML-N lawyer Akram Sheikh, issued notices to PTI ordering the production of records pertaining to Niazi Services Limited before the court within a one-week period.

LHC stays privatisation of Lahore airport temporarily

LAHORE— The Lahore Hig h Cou r t ( LHC) on Tuesday (today) temporarily stayed the planned

privatisation of the Allama Iqbal International Airport and adjourned the hearing of the case.

LHC Chief Justice Mansoor Ali Shah, who is hearing a petition filed by Dr Mubashir Hasan against the privatisation of management control of the airport, ordered the Civil Aviation Authority and the federal government to present detailed replies regarding the issue within in four weeks. The petitioner has claimed that the federal government is selling off management control of three major airports of the country namely Islamabad, Lahore and Karachi for much less than what it is worth.—DNA

give answers within time. He recorded his statement in front of the team. During the questioning, JIT asked him about the questionnaire. Upon which he replied that he did not receive any. “I came here in emergency because when notice was sent, I was in London hence could not bring any documents with me,” he told JIT.

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SC bench excuses itself from hearing case appealing military court sentence

The Supreme Court’s threemember bench has excused itself from hearing the petitions appealing sentences handed over by military courts. The bench, headed by Justice Asif Saeed Khosa, was hearing a petition filed by three suspects Nadeem Abbas, Jehangir Haider and Zeeshan, who were handed over death sentence by a military court in Quetta in August 2016 and are locked up in the Mach prison. The three judges, including Justice Qazi Faez Isa, said that they cannot take up the case as they had dissented in the verdict of the case against military courts in 2015.

The Supreme Court on August 5, 2015 had rejected all applications challenging the 18th and 21st Constitutional amendments, ruling in favour of the establishment of military courts in the country. Justice Khosa while explaining the reason for excusing himself from the case said that the three judges had written a dissenting note in the military courts verdict, which had termed the establishment of these courts in conflict of the Constitution. This is why none of us would want to hear the case, the judge said. A 17-member bench headed by Chief Justice of Pakistan

Justice Nasir ul Mulk had reserved the verdict on the 35 identical applications against the two constitutional amendments on June 27, 2015. The bench had dismissed the petitions challenging the 21st amendment with 11 judges voting to reject the pleas and six in favour. The three-member bench has sent the appeal against the death sentences to the Chief Justice to assign another bench to conduct hearing on the case. The court has asked the petitioners’ lawyer to file an application with the Chief Justice requesting him to refer the case to a different bench

while talking to Chairperson Sindh Board of Investment (SBI), Naheed Memon at her office in Karachi. They discussed various aspects of investment in the operation of inter-city and intracity buses in Sindh including

Karachi. T he delegat ion told t he Chairperson SBI that their company wants to Invest in plying of buses on different routes in Karachi and also interested to install its manufacturing plant for the purpose.

Memon appreciated their offer and observed that there are many opportunities of investment are available in transport sector in Sindh and the Sindh government will encourage public private partnership projects.

Chinese company Yutong Bus keen to operate buses in Sindh KARACHI— Chinese company, Yutong Bus makers on Tuesday expressed interest to invest in inter-city and intracity buses operations in Sindh. This was said by an 11-member delegation of Yutong Bus led by General Manager Shi Cun Tu


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