LHC suspends action against Tareen sugar activity

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LAHOR: The Lahore High Court on Tuesday stopped the punitive action against the sugar production units of Pakistani leader Tehreek-i-Insaf Jahangir Tareen.

The company contested the fixing of the ex-works price of the goods. During that hearing, the court served notices on the Federal and Punjabic governments directing them to submit their responses.

Judge Risal Hassan Syed also terminated the action against the JDW-Group, a conglomerate owned by Tareen.

He issued the direction at the hearing of a motion filed by JK Sugar Mills (Pvt.) Ltd. and JDW Sugar Mills.

Deputy Attorney General Asad Ali Bajwa appeared before the court representing the Center and opposed the petition on his behalf.

He told the court that the government set the ex-factory sugar rate after considering 32 sugar producers. He argued that the government fixes the price after fulfilling all legal requirements.

In April, the Pakistan Sugar Mills Association also rejected the ex-factory and retail price of sugar set by the government of Punjab.

“We refuse the rates set by the government. However, if the government is to forcefully implement this, it must take responsibility for paying factory staff salaries, the 17% sales tax levied on the sale of sugar, and other project financial liabilities. where he would take the stock, ”PSMA Punjab chief Javed Kayani told reporters at a press conference.

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