LAHORE- A Civil court on Monday ordered Pakistan Telecommunication Limited (PTCL) authorities to submit details of PTCL assets before the court.
As the counsel of Global IT Vision civil Pvt had filed a suit seeking damages of Rs. one billion from PTCL for suspending services to the IT Company without any legal justification. The court had already issued notices to PTCL Chief Executive, Senior Executive Vice President Tariq Salman, General Manager Muhammad Bsharat Qureshi and Senior Manager Nadeem Abbasi.
The suit for damages was filed by the Company’s counsel Azher Siddique Advocate.
Petitioner’s counsel contended that PTCL had suspended agreement with IT firm on May 4, 2010 and suspended SIP services to the company without giving an opportunity of hearing to company.
Counsel said that due to suspension of services, the Company has to bear loss of billions of rupees and suspension by PTCL also tarnished the image of the company.
He prayed before the court to freeze all the assets of PTCL and put names of senior officials including a foreigner on exit control list (ECL).
Azher further prayed the court to direct PTCL to submit Rs. one billion as security so that PTCL could not sell the assets of the company in case of a decision against it.
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January 5th, 2011 at 3:11 PM
LAHORE- A Civil court on Monday ordered Pakistan Telecommunication Limited (PTCL) authorities to submit details of PTCL assets before the court.
As the counsel of Global IT Vision civil Pvt had filed a suit seeking damages of Rs. one billion from PTCL for suspending services to the IT Company without any legal justification. The court had already issued notices to PTCL Chief Executive, Senior Executive Vice President Tariq Salman, General Manager Muhammad Bsharat Qureshi and Senior Manager Nadeem Abbasi.
The suit for damages was filed by the Company’s counsel Azher Siddique Advocate.
Petitioner’s counsel contended that PTCL had suspended agreement with IT firm on May 4, 2010 and suspended SIP services to the company without giving an opportunity of hearing to company.
Counsel said that due to suspension of services, the Company has to bear loss of billions of rupees and suspension by PTCL also tarnished the image of the company.
He prayed before the court to freeze all the assets of PTCL and put names of senior officials including a foreigner on exit control list (ECL).
Azher further prayed the court to direct PTCL to submit Rs. one billion as security so that PTCL could not sell the assets of the company in case of a decision against it.
http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online//Regional/14-Dec-2010/Court-seeks-PTCL-assets-details