Tag Archives: Extends

LHC extends stay against flyover

LHC extends stay against flyover

LAHORE – A Lahore High Court’s division bench on Wednesday extended the stay against construction of Kalma Chowk flyover and directed the Punjab government to file its reply at the next hearing on April 11.
Earlier, an additional advocate general appeared in court on behalf of the government and requested the court to withdraw the stay order. The court, asked him to file the government’s reply first then seek such relief.
On March 24, the bench had provisionally barred the

Djokovic extends win streak

MIAMI – Novak Djokovic ran his phenomenal 2011 win streak to 20-0 Sunday, with a 6-2, 6-0 thrashing of former top 10 player James Blake at the $9 million Miami WTA and ATP Masters. The second-seeded Serb, winner of all three events he has played this season, remains the only man in the top 125 not to have lost a match this year. Fresh from beating Roger Federer and Rafael Nadal en route to victory in last week’s Indian Wells Masters, Djokivic is bidding to add a second Miami trophy to

NAB extends AG office fraud accused’s remand

LAHORE – An accountability court on Monday extended the physical remand of seven people nominated in a case of fraudulent withdrawal of money from Punjab accountant general office until April 11. The seven people are Shaukat Ali, Muhammad Ali, Shoaib Sardar, Kashif Iqbal, Imran Shah, Sajawal Ashraf and Gulfam Rasool Khan. Among the accused, Muhammad Ahmad, Ghulam Rasool Khan, Muhammad Shakeel and Muhammad Waseem were illegally shown as sub-inspector, assistant sub-inspector and

Envoy extends Bosnian parliament amid legal row

SARAJEVO – Bosnia’s international peace envoy decreed on Monday a regional parliament representing the Muslim-Croat population can continue to function despite a ruling it was formed illegally. The decision by the international community’s High Representative in Bosnia stressed the need for a functioning government in the Balkan nation still beset by divisions 15 years after Europe’s deadliest fighting since World War Two.
The dispute concerns the parliament for the Muslim-Croat

Government extends guarantee for Rs 5 billion PIA loan by two years

ISLAMABAD – The Economic Coordination Committee of the cabinet (ECC) on Tuesday decided to extend by two years the government guarantees for Rs 5 billion loans of the Pakistan International Airlines Corporation (PIAC), approved conversion of Rs 1 billion loans of the Heavy Electrical Complex (HEC) as government equity to make the entity viable for privatisation and formed a sub-committee to decide the quantity of strategic reserves of wheat to be maintained.
Finance Minister Dr

APTMA extends support in research to boost cotton production

ISLAMABAD – The All Pakistan Textile Mills Association (APTMA) has offered to finance local research institutions for boosting the country’s annual cotton output from 11 million bales to over 16 million bales, an official source said.
This was offered by representatives of APTMA, Gohar Ijaz and Shahzad Ahmed Khan, at the first meeting of the cotton committee. The committee is required to recommend ways for increasing cotton output. The meeting was chaired by former minister for

FBR extends tax payment deadline till February 28

ISLAMABAD – The Federal Board of Revenue has extended the date for payment of taxes for the month of January. According to an FBR notification, the date has been extended till February 28 for payment of taxes /duties for January and filing of Sales Tax and FED returns under Section 74 of the Sales Tax Act, 1990 and Section 43 of the Federal Excise Act, 2005.

KSE extends suspension of six companies

KARACHI – The Karachi Stock Exchange (KSE) has extended the suspension period of six companies for another 60 days, effective from February 18, 2011, upon failing to comply with KSE regulations. They are Pakistan Industrial and Commercial Leasing, Dadabhoy Sack Ltd, Nina Industries Ltd, Nazir Cotton Mills Ltd, Dominion Stock Fund Ltd and Investec Mutual Fund Ltd.
According to KSE, the suspension will remain effective till such time that these companies comply with the

Benazir’s murder case – court extends custody of accused cops

RAWALPINDI – The Anti-Terrorist Court (ATC) hearing the Benazir Bhtuuo’s assassination case on Tuesday sent former City Police Officer (CPO) Saud Aziz and Superintendent of Police (SP) Khurram Shahzad on a 14-day judicial remand.
The Federal Investigation Agency (FIA), after completing investigation, produced both the accused police officers in the court of ATC judge Rana Nisar Ahmed, who rejected their bail plea and sent them on remand. The court fixed next hearing on February

PHA extends plot-application date

ISLAMABAD – Pakistan Housing Authority (PHA) extended application date for the Prime Minister’s Housing Scheme in Kurri Road, near Chak Shahzad and I-12 sector, Islamabad till February 28. According to a PHA press release issued on Monday, the PHA acquired 78 acres in Kurri Road, Islamabad and 15 acres in I-12 sector, Islamabad for the provision of plots for Basic Pay Scale-20 to 22 and flats for BPS 17 to 19 officers of Federally Constituted Occupational groups.
It said that the

SBP extends LTFF to glass exporters

KARACHI – The State Bank of Pakistan (SBP) has announced that glass manufacturing industry producing exportable goods is now eligible for financing under the central bank’s Long Term Financing Facility (LTFF). According to an SBP Circular, SMEFD Circular Letter No. 2 which was issued on Thursday, the financing for plant, machinery and equipment to be used by the export-oriented projects in the glass sector for producing exportable goods shall also be eligible under the LTFF Scheme.

RESCUING ANIMALS FROM ANIMALS – Rescue 1122 extends service for animal shelter

LAHORE – Rescue 1122 released the statistics of their Animal Shelter Services, which took place in Lahore for 2010. The emergency services also operate in the rest of Punjab’s 36 districts for rescuing animals, found stuck or wounded in dangerous situations, and humans, threatened by dangerous animals such as snakes.
In fact the number of emergencies related to snakes has been the highest in number with about 46 snakes being removed from places which may harm either the snakes

Court extends remand of NBP embezzlement case accused

LAHORE – An accountability court on Monday extended the physical remand of Imtinan Saeed Advocate, Omeed Ayyaz Mehmood and Faisal Rasheed till January 24. They were involved in the embezzlement of Rs 140 million obtained from National Bank of Pakistan (NBP) as loan through fake documents.
The accused Omeed Ayyaz Mehmood was the manager of National Bank of Pakistan Lytton Road Branch while Imtinan Saeed was the legal council in the same bank. Imtinan Saeed and Faisal Rasheed made

SECP extends amnesty schemes to Monday

ISLAMABAD – The SECP’s amnesty schemes, the companies regularisation scheme (CRS) and companies easy exit scheme (CEES) have been extended to Monday January 3, 2011.
The schemes were to be closed on Friday. However, due to a general strike on Friday and bank holiday on Saturday, most of the companies may not be able to submit their documents. On requests made by the stakeholders, Company Registration Offices of the SECP are open up to 6 pm today to facilitate submission of

KSE management extends suspension of 22 firms

KARACHI: Trading in the shares of almost two dozen companies listed at the Karachi Stock Exchange (KSE) is suspended for the last two months, Pakistan Today learnt Wednesday.
At least 22 companies from various sectors such as textile, mutual fund, insurance, dairies, ceramics etc., have been under fire since October for not complying with the orders of KSE management.
Pakistan Industries and Commercial Leasing Limited, Dadabhoy Sack Limited, Business and Industrial

CIA extends spy operations to Swat

ISLAMABAD: Authorities are currently investigating intelligence reports about the presence of CIA-recruited locals in Swat, Buner and other adjoining areas and plan to take up the issue with the Obama administration if the probe proves the reports correct.
Pakistan will launch a strong demand for immediate halt to such unwarranted activities, unless the investigation proves otherwise. Civilian and military leaders were already perturbed by CIA’s recruitment drive in North