Tag Archives: Members

LSE expels two corporate members

LAHORE – The Lahore Stock Exchange (LSE) has decided to expel Khalid Javed Securities and HSZ Securities, corporate members of the Exchange on account of filing of winding up petition before the Lahore High Court. This decision was taken in a meeting of the Governing Board of Directors of the Exchange where a resolution for expulsions of Khalid Javed Securities (Pvt) Limited and HSZ Securities (Pvt) Limited with immediate effect was unanimously adopted to safeguard investors’

PML-Q and Unification Bloc members trade barbs

LAHORE – The Punjab Assembly (PA) on Wednesday turned into a battlefield as Pakistan Muslim League-Quaid (PML-Q) female members of the provincial assembly (MPA) and Unification Bloc members abused each other showing their immaturity.
As soon as the house proceedings started, the question hour related to the home department began on which Punjab Law Minister Rana Sanaullah started answering questions. After the question hour, house proceedings were in progress when Unification

Punjab Assembly IN SESSION – PA members ordered to respect Jinnah

LAHORE – Punjab Assembly (PA) Deputy Speaker Rana Mashhood has barred all the legislators in the house from passing controversial remarks against Quaid-e-Azam Muhammad Ali Jinnah. On a point of order, PML-Q backed MPA Abdullah Yousaf Warraich drew the attention of the house over the remarks of Sheikh Alla-ud-Din against Quaid-e-Azam. He said that Law Minister Rana Sanaullah also remained silent on the issue. Rana Mashhood, who was chairing the assembly’s session on Monday thus passed

Privatisation Commission Board gets members from private sector

ISLAMABAD – Prime Minister Yousaf Raza Gilani on Saturday reconstituted the Privatisation Commission (PC) Board with majority of new members inducted from the private sector. According to an official announcement, the PC Board has been reconstituted with Minister for Privatisation Syed Naveed Qamar as chairman while Iftikhar ul Haq, Laeeq Ahmed, Mahmood Nawaz Shah, Tanvir Ahmad Sheikh, Nawabzada Saifullah Magsi, Farid Malik, Shahab Anwar Khawaja and Secretary Privatisation Commission

PM names eight CII members

ISLAMABAD – Prime Minister Yousaf Raza Gilani has advised the president to appoint eight members of the Council of Islamic Ideology. Those recommended include Maulana Allama Zubair Ahmed Zaheer; Sahabzada Pir Khalid Sultan Al-Qadri; Justice (r) Mian Nazir Akhtar; Syed Iftikhar Hussain Naqvi; Mufti Muhammad Iqbal Hussain Shah Faizi; Maulana M Farooq Khan Saeedi, Justice (r) Mushtaq A Memon and Qari Muhammad Hanif Jallandhari.

Unification members resign from 14 slots

LAHORE – The Unification Bloc in Punjab Assembly on Sunday formally resigned from 11 slots of standing committees and 3 positions as Punjab Assembly political assistants.
They submitted their resignations to Provincial Law Minister Rana Sana Ullah who confirmed that he had received the same, sources said. They said that Punjab CM Shahbaz Sharif had suggested that they should not resign from offices of standing committees as those slots had nothing to do with politics. However the

THE CASE OF THE PILOT WITH TWO JOBS – Ex-Airblue employee seeks CAA BoD member’s intervention

KARACHI – A former employee of Airblue has written a letter to Civil Aviation Authority (CAA) Board of Directors (BoD) member and Vice Chief of the Air Staff Air Marshal Tahir Rafique Butt, seeking his immediate intervention in the case of CAA Flight Inspector Capt Shafqat Mehmood. Sources have informed Pakistan Today that Capt Mehmood managed to have the CAA Board of Inquiry (BoI) president replaced and the terms of reference (ToR) of the inquiry being conducted against him

Privatisation commission to have 20 members now

ISLAMABAD – The National Assembly on Tuesday unanimously passed the Privatisation Commission (Amendment) Bill 2009, while another bill to amend the Rules of Procedure and Business was referred to the committee concerned.
NA Deputy Speaker Faisal Karim Kundi expressed displeasure over the absence of Law Minister Babar Awan, due to which most of the business on the private members’ day could not be adopted. PML-Q’s Dr Attiya Inayatullah said it was the fifth consecutive private

PA PROCEEDINGS – MPAs mark proxies, issue offends members

LAHORE – MPAs’ attendance issue in the Punjab Assembly remained hot in the assembly’s session on Thursday. Majority of the members, during the full day proceedings, declared it as a ‘humiliation’ and Sanaullah Masti Khel walked out from the assembly in protest.
Provincial Minister for Law and Parliamentary Affairs Rana Sanaullah Khan on a point of order informed that the matter was brought into Punjab chief minister’s notice and he had allowed the purchase of Bio Matrix System to

No party backed bills tabled by its members

ISLAMABAD – No member of Muttahida Qaumi Movement (MQM), Awami National Party (ANP), Jamiat Ulema-e-Islam-Fazal (JUI-F) and other smaller parties produced a single piece of legislation as 21 bills were tabled in the National Assembly by the legislators as private members (in personal capacity) during the third parliamentary year starting from March 2010 till December 2010.
The PML-N legislators produced the most bills, followed by the PPP and the PML-Q respectively; a

PBC elects 22 members for five years

ISLAMABAD – The Pakistan Bar Council (PBC) on Friday officially announced the names of its 22 members, who have been elected for the next five years in polls held on December 22.
Per official results, Amanullah Kanrani was declared successful in Balochistan, while Qaiser Rashid Khan, Abdul Lateef Afridi, Muhammad Saeed Akhtar and Roohul Amin Chamkani won the election in Khyber Pakhtunkhwa. In Sindh, Salahuddin Panhwar, Akhtar Hussain, Zia Ahmed Awan, Rasheed A Rizvi, Muhammad

SECP threatens to suspend 158 members in NCEL

KARACHI: A majority of the over 200 members of National Commodity Exchange Limited (NCEL) are faced with the suspension of their membership for not complying with the rules and regulations set by the Securities and Exchange Commission of Pakistan (SECP), Pakistan Today has reliably learnt.
According to well-placed sources, the apex regulator had early this year, set December 31 as a deadline for NCEL members to get a ‘brokerage license’ from the SECP and become active brokers at

CJP chairs meeting to nominate JCP members

Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry, who is also the chairman of the Judicial Commission of Pakistan (JCP), on Monday chaired a meeting to establish and make the JCP operational under Article 175-A of the constitution.
The CJ held consultation with the two senior most judges of the Supreme Court – Justice Javed Iqbal and Justice Mian Shakirullah Jan. The issue taken up in Monday’s meeting was nomination of a former chief justice or former

PPP-media row – PA members trade blame

The scuffle between the Pakistan People’s Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N) continued on Thursday in the provincial assembly over the issue of the PPP’s tug of war with a media group with the members levelling allegations at each other.
Punjab Law Minister Rana Sanaullah categorically announced in the House that the PPP should answer to the allegations levelled against it, adding that no individual could claim himself as the ‘champion of

43 suspected Taliban members arrested

Over 43 suspected Afghan Taliban were arrested by the police on Thursday from Kuchlak, an area about 25 kilometres from the north of provincial capital of Balochistan.
Police sources said that during a raid headed by Quetta DIG Hamid Shakeel in Killi Nakhel, they picked up 43 people on the suspicion of them being linked to the Taliban.
They were brought to Quetta and are currently being interrogated here. Sources said that those who had any links with the Afghan