16 companies set up by PML-N govt shut down, LHC told

Published May 11, 2019
A provincial law officer further told the court on Friday that the fate of 20 more public sector companies, including Punjab Saaf Pani Company, would be decided within three weeks. — Photo courtesy of the LHC
A provincial law officer further told the court on Friday that the fate of 20 more public sector companies, including Punjab Saaf Pani Company, would be decided within three weeks. — Photo courtesy of the LHC

LAHORE: The Punjab government has told the Lahore High Court (LHC) that it has closed down 16 out of 56 public sector companies established by the PML-N government and they are no longer operational.

A provincial law officer further told the court on Friday that the fate of 20 more public sector companies, including Punjab Saaf Pani Company, would be decided within three weeks.

Justice Shahid Karim directed the law officer to submit a report on the decision on remaining companies by the next hearing on June 16, observing that the court could not delay the matter further.

Earlier, representing the petitioner, Sheraz Zaka advocate stated that the government should be restrained from making political appointments in the public companies. He said the companies were exercising powers of local government in violation of the Constitution.

He also challenged the legitimacy of the companies and involvement of legislators in their affairs. He contended that according to Public Sector Companies Rules 2013, the legislators could not exercise their powers as chairmen of the public sector companies. He said the companies had been interfering in effective functioning of the local government affairs.

The 16 companies closed by the government included Biotechnology Company, Road Infrastructure Company, Board of Investment and Trade Company, Environment and Affluent Company, Culture and Outreach Company, Dairy Corporation, Meat Processing Company, Fundamental for Rehabilitation of Special Person Company, Coal Power Company, Renewable Energy Company, Working Woman Endowment Fund Company, Ravi Zone Development Company, Inland Water Transport Development Company, Faisalabad Environment Management Company, Technical and Vocational Education Training Development Company, Quaid-i-Azam Hydel Power Company, Quaid-i-Azam Wind Power Company, Lahore Water and Sanitation Company and Punjab Entertainment Company.

Published in Dawn, May 11th, 2019

Opinion

Editorial

Energy inflation
23 May, 2024

Energy inflation

ON Tuesday, the Oil & Gas Regulatory Authority slashed the average prescribed gas prices of SNGPL by 10pc and...
Culture of violence
23 May, 2024

Culture of violence

WHILE political differences are part of the democratic process, there can be no justification for such disagreements...
Flooding threats
23 May, 2024

Flooding threats

WITH temperatures in GB and KP forecasted to be four to six degrees higher than normal this week, the threat of...
Bulldozed bill
Updated 22 May, 2024

Bulldozed bill

Where once the party was championing the people and their voices, it is now devising new means to silence them.
Out of the abyss
22 May, 2024

Out of the abyss

ENFORCED disappearances remain a persistent blight on fundamental human rights in the country. Recent exchanges...
Holding Israel accountable
22 May, 2024

Holding Israel accountable

ALTHOUGH the International Criminal Court’s prosecutor wants arrest warrants to be issued for Israel’s prime...