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President promulgates Privatization Commission (Amendment) Ordinance 2023

by News Desk
February 6, 2024
in Pakistan
President promulgates Privatization Commission (Amendment) Ordinance 2023

ISLAMABAD: President Dr Arif Alvi has promulgated the Privatization Commission (Amendment) Ordinance 2023, the President’s House said Thursday.

 The amendment has been made in Articles 28 to 33 of the earlier Privatization Commission Ordinance 2000.

The purpose of the Ordinance is to end unnecessary delay in matters related to privatization, resolution of issues, and compliance in accordance with the principles of law and justice.

Under the amendment, a three-member Privatization Appellate Tribunal will be set up by the federal government, which will have the authority to take up civil and criminal cases related to privatization.

The powers given to high courts under the Privatization Commission Ordinance 2000 have been transferred to the Privatization Appellate Tribunal.

President Alvi approved the ordinance by amending the sub-section 2(4) of Section 28 as proposed by the government.

Also read: PPP urges CEC to remove reservations of all political parties: Kundi

He amended the proposal of appointing the retired judge of the high court with the retired judge of the Supreme Court of Pakistan. The other members include a technical and judicial member.

The appeal against the decisions of the Appellate Tribunal will be filed with the Supreme Court of Pakistan within 60 days of the verdict.

The Sections 30 and 33 of the Ordinance 2000 have been abolished.

The president approved the Ordinance in line with Article 89 of the Constitution of Pakistan.

Tags: Asif ZardariBilawal BhuttoElection Commission of PakistanELECTIONS 20224GazaISLAMABADIsraelKPKLAHORENawaz SharifPakistan Tehreek-e-InsafpalestinePMLNPPPPresident Dr Arif AlviPresident’s HousePrivatization Commission (Amendment) Ordinance 2023PTIPUBLIC PURVIEWRawalpindi
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    Anees Bazmee confirms Bhool Bhulaiyaa 3 release date

    Anees Bazmee confirms Bhool Bhulaiyaa 3 release date

    Popular Indian tv actress Shweta Tiwari has once again mesmerized her lovers along with her present day photoshoot, wherein she looks breathtakingly lovely in a saree.

    Shweta Tiwari Stuns Fans with Gorgeous Saree Look

    Hania Amir

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  • Tech
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