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 Karachi

SHC seeks rejoinder on petition filed by M/s Al-Sahara Exchange Company

byM.B. Rana
25/09/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has directed M/s Al-Sahara Exchange Company (Private) Limited to submit a rejoinder on the next date of hearing on a constitutional petition, seeking release of $9,2440,223 seized by the customs authorities at Jinnah International Airport Karachi. A two-member bench, comprising Justice Munib Akhtar and Justice Umer Sial, was hearing the petition.

During the hearing, counsel for the customs department filed para wise comments which was supplied to the counsel for the petitioner, who then sought time for file the rejoinder. The court adjourned the matter for September 28, 2017.

You might also like

IMF approves $1.2bn loan tranche for Pakistan

08/05/2026

ICCI hails Court verdict against ‘deemed Income’ tax on properties

08/05/2026

Earlier, counsel for the petitioner stated that petitioner’s company is dealing the foreign currency notes, coins, postal motes, money orders, bank drafts, in the rotten, petitioner was exporting above mentioned foreign currency, however, officials of the customs authorities intercepted petitioner’s official and seized said money illegally.

Citing Collector of Customs Preventive, Director Foreign Exchange Operation Department, Deputy Director Federal Investigation Agency (FIA) and chairman Federal Board of Revenue as respondents, petitioner pleaded the court may declare that act of the respondents is illegal, mala fide and arbitrary. He also pleaded the court may direct the respondents to release the above mentioned foreign currency.

 

 

 

 

Related Stories

IMF approves $1.2bn loan tranche for Pakistan

byCT Report
08/05/2026

ISLAMABAD: The International Monetary Fund has approved a $1.2 billion loan tranche for Pakistan, providing a significant boost to the...

ICCI hails Court verdict against ‘deemed Income’ tax on properties

byCT Report
08/05/2026

ISLAMABAD: President  Islamabad Chamber of Commerce and Industry Sardar Tahir Mehmood has welcomed the landmark decision declaring Section 7-E of...

Pakistan likely to receive $1.2b IMF tranche as board meets today

byCT Report
08/05/2026

ISLAMABAD: Pakistan is expected to receive a $1.2 billion tranche from the International Monetary Fund (IMF) soon, as the Fund’s...

Pakistan rejects LNG spot bids hoping for cheaper Qatari supplies

byCT Report
08/05/2026

LAHORE: Pakistan has decided not to approve the lowest bids submitted for two spot LNG cargoes despite receiving competitive offers...

Next Post

Customs Court again issues non-bailable warrants against suspects in donkey hides smuggling case

  • 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.