Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

KCCI condemns Pak Railways’ action of sealing Gul Ahmed’s yard

byCT Report
11/01/2021
in Breaking News, Chambers & Associations, Latest News, Pakistan Chambers
Share on FacebookShare on Twitter

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has strongly condemned the unjust action taken against Gul Ahmed Textile Mills Limited whose legally acquired yard was sealed by Pakistan Railways without any court order or legal justification.

In a statement issued, President KCCI appealed Prime Minister Imran Khan and Governor Sindh Imran Ismail to take notice of the wrongdoing by Pakistan Railways which would terribly affect the operations of Gul Ahmed and put thousands of workers’ jobs at stake.

You might also like

IMF forecasts slower growth, higher inflation for Pakistan

09/05/2026

Govt raises petroleum levy; taxes hike petrol, diesel prices

09/05/2026

He pointed out that the legally acquired yard of Gul Ahmed Textile was situated on Pakistan Railways’ land where the textile mill kept all its cotton stocks in bulk quantities but it was sealed probably due to the ongoing anti-encroachment drive. However, it was a legally acquired premise whose lease documents have been vetted by the honorable Supreme Court of Pakistan and the High Court of Sindh. “When the management of Gul Ahmed assured to abide by whatever the honorable court decides in this matter, it was unfair to refrain them from taking away cotton stocks from the yard”, he added.

He said that Gul Ahmed was the biggest exporter of textile products and this move refraining the textile mill from accessing its cotton stock would affect its production activities and their exportable consignments may also suffer delays. “Prompt intervention by PM and Governor in this matter would ensure smooth operations of the factory and save thousands of jobs.”

“The Karachi Chamber fully supports Gul Ahmed’s legitimate demand to allow access to its raw material so that its workers remain at work, export operations continue without any disruption and the shareholders remain confident about the mill’s performance”, he said, adding that even the Government of Pakistan was also a shareholder of Gul Ahmed Textile Mills through NIT and NIC.

Related Stories

IMF forecasts slower growth, higher inflation for Pakistan

byCT Report
09/05/2026

ISLAMABAD: The International Monetary Fund has projected slower economic growth and higher inflation for Pakistan, highlighting the need for continued...

Govt raises petroleum levy; taxes hike petrol, diesel prices

byCT Report
09/05/2026

ISLAMABAD: The government has increased the levy on petroleum products, adding to the cost burden on consumers and making petrol...

Experts urge expansion of Third Schedule in sales tax regime

byCT Report
09/05/2026

ISLAMABAD: Tax experts, economists, and business leaders called for major reforms in Pakistan’s sales tax regime in the upcoming federal...

FPCCI felicitates nation, Pak Army on one year of Marka-e-Haq

byCT Report
09/05/2026

LAHORE: The Federation of Pakistan Chambers of Commerce and Indsutry (FPCCI) and United Business Group (UBG) Saturday felicitated the entire...

Next Post

Pak Rupee ends down by 22 paisas against USD

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.