LHC grants stay order against Punjab Food Authority to manufacturer

MG News | June 17, 2017 at 09:34 PM GMT+05:00

0:00

The Lahore High Court on Saturday granted a stay order restraining the Punjab Food Authority from acting against a leading manufacturer of dairy products and other food items in Pakistan.

According to details, the Lahore High Court granted a stay order to the petitioner, which is the manufacturer of dairy products, against Punjab Food Authority since the petitioner had submitted that it had a good prima facie case and it would likely succeed on merits.

The petition had also filed a Writ Petition with the Lahore High Court in which it had submitted that it would suffer irreparable loss. The petitioner also submitted that the balance of convenience/inconvenience was also in favor of it.

The high court has restrained the Punjab Food Authority and the Director General of the Punjab Food Authority from taking any coercive measures against the manufacturer or any of its vendors.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	157,953.47 555.47M	1.14% 1775.65
ALLSHR	96,741.22 1,957.60M	1.16% 1110.83
KSE30	48,198.94 249.79M	1.09% 520.47
KMI30	232,694.17 290.89M	1.31% 3011.94
KMIALLSHR	65,027.13 1,019.78M	1.03% 660.37
BKTi	42,489.56 84.10M	1.35% 566.75
OGTi	31,779.36 15.21M	0.14% 43.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,070.00	118,295.00 116,115.00	2245.00 1.94%
BRENT CRUDE	67.51	68.42 67.34	-0.44 -0.65%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.00	94.50 94.00	0.45 0.48%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.32	64.20 63.11	-0.38 -0.60%
SUGAR #11 WORLD	15.99	16.27 15.89	-0.28 -1.72%