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In a letter to the CJP, Justice Mansoor Ali Shah withdraws from the special bench.

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4 weeks ago

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Justice Mansoor Ali Shah, the Supreme Court’s most senior judge, excused himself from a special bench to hear a tax case.

The head of the Practice and Procedure Committee, Chief Justice Qazi Faez Isa, received a letter from Justice Shah on Wednesday.

He said he had written earlier that he would not be a part of special benches until the full court sits on the amendment ordinance.

He stated that “history will never forgive [us] because people are watching what we do.”

As you may remember, Chief Justice Isa led a three-member panel that heard the tax review case on October 4. Included on the court were Justice Shah and Justice Naeem Akhtar Afghan.

In order to hear the review petition, Justice Shah was added to the bench after he wrote a dissenting note in the case.

Notably, Justice Shah had also voiced concerns with the ordinance amending the Practice and Procedure and had skipped the Practice and Procedure Committee meeting.

In his letter to the Judges Committee, Justice Shah noted that the Practice and Procedure Ordinance was introduced in a hurry and gave an explanation for his decision to not join the committee. Within a few hours after it was put into effect, it was informed. The Judges Committee was reorganized, but no explanation was provided for the expulsion of Justice Muneeb Akhtar, the second-most senior judge.

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Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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