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SC summons over 200 individuals,  companies for getting loans waived off

SC summons over 200 individuals, companies for getting loans waived off

May 18, 2018

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SC summons over 200 individuals, companies for getting loans waived off

Zahid ImranbyZahid Imran
May 18, 2018
in National
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SC summons over 200 individuals,  companies for getting loans waived off
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ISLAMABAD, May 18: The Supreme Court of Pakistan issued notices to 222 individuals and companies that illegally got loans written off from 1971 to 2009. “As per report of the Commission constituted by this Court, action against 222 individuals/companies has been recommended on account of the fact that the loans were not written-off in accordance with law,” read a statement issued by the top court. Therefore, it continued, in compliance of above court order, following individuals/companies have been issued notices to ensure their appearance on next date of hearing i.e. 08.06.2018 and submit their replies within such date.” In compliance of the SC order, the registrar office has sent notices to the aforementioned to ensure their appearance on the scheduled day of hearing and submit their replies. Following is a copy of the apex court’s notification and the individuals/companies it has sought reply from.-Agencies

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