No adverse action to be taken on DRR against K-Electric without due process: Sindh High Court

News Image

MG News | July 27, 2018 at 11:59 AM GMT+05:00

In a notification to the Pakistan Stock Exchange, K-Electric Limited has announced that the Company approached the honorable Sindh High Court against the NEPRA Decision on Reconsideration Request dated 5th July, 2018 in respect of DRR.

On Thursday, 26 July 2018, Sindh High Court passed an ad interim order, directing the Ministry of Energy, NEPRA and the Appellate Tribunal of the ministry that no adverse action shall be taken by the defendant against the plaintiff in respect of the impugned DRR without a due process of law.

The matter would subsequently be discussed in the next hearing by the court.

PSX notification

Related News

Name Price/Vol %Chg/NChg
KSE100 177,623.88
478.02M
-0.36%
-638.45
ALLSHR 107,472.27
954.45M
-0.34%
-365.17
KSE30 53,131.56
115.62M
-0.41%
-216.11
KMI30 250,814.93
150.64M
-0.28%
-695.43
KMIALLSHR 68,971.49
608.41M
-0.29%
-202.37
BKTi 50,769.48
23.80M
-0.58%
-295.25
OGTi 34,999.12
6.26M
-0.71%
-249.30
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 62,910.00 64,810.00
62,865.00
-2055.00
-3.16%
BRENT CRUDE 86.25 88.06
84.70
-2.11
-2.39%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.55
-1.44%
ROTTERDAM COAL MONTHLY 120.00 0.00
0.00
0.25
0.21%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 81.00 82.43
79.80
-1.61
-1.95%
SUGAR #11 WORLD 14.54 14.70
14.51
-0.04
-0.27%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg