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Monday, May 30th, 2016


Tajik President prays for early recovery of PM Nawaz Sharif

ISLAMABAD, MAY 30 (DNA) – Emomali Rahmon President of Tajikistan has expressed best wishes for the Prime Minister of Pakistan Muhammad Nawaz Sharif. In a letter addressed to the Pakistani prime minister the Tajik President said, “dear brother I pray to Almighty Allah for your good health. I hope for your speedy recovery”. The Tajik president further prayed that the Pakistani prime minister recovered as soon as possible so that he could resume his official duties. He also wished that Pakistan continues its journey towards peace and progress.=DNA

Dar’s acting premiership challenged in LHC

Country put on path of progress, development: Finance Minister

LAHORE, 30 MAY (DNA) – Acting premiership of Finance Minister Ishaq Dar in Prime Minister Nawaz Sharif’s absence over open-heart surgery in London has been challenged in the Lahore High Court on Monday. Ishtiaq Chaudhry Advocate, representing Pakistan Awami Tehreek filed the petition in the Lahore High Court. The plea states that the Constitution of Pakistan does not permit transference of charge by the Prime Minister to any federal minister for a period of time. Nawaz Sharif’s absence in the country has given rise to ‘constitutional crisis’, petitioner writes. ChaudhryRead More

Sartaj expresses concern over US drone attacks with Afghan envoy

Ambassador of Afghanistan Dr. Zakhilwal

ISLAMABAD, 30 MAY  (DNA) – Prime Minister’s Advisor on Foreign Affairs Sartaj Aziz pn Monday met Afghan Ambassador in Islamabad to discuss situation arising out after May 22 US drone attack in Balochistan that killed Afghan Taliban chief Mullah Akhtar Mansour. During the meeting, Sartaj Aziz expressed serious concerns over US drone attacks, stating that Pakistan and Afghanistan should not allow use of its soil against each other. Both also discussed bilateral ties, border situation and the Afghan reconciliation process. The meeting comes few days after Army Chief General RaheelRead More

Petition filed in Apex Court to shut down CII

ISLAMABAD, 30 MAY (DNA) – The controversial bill on women protection approved by the Council of Islamic Ideology (CII) has been challenged in the Supreme Court on Monday.  The bill was challenged by Barrister Zafarullah. He claimed in his petition that the CII misinterpreted Quranic verses in the bill. He said Islam doesn’t permit violence of any kind on women. The petitioner said CII was passing bills on its wish, and in complete neglect of the Islamic principles. He urged the court to declare CII bill as void and orderRead More

Japan announces Fukuoka Asia Cultural Prize for Pakistani female architect

ISLAMABAD, 30 MAY (DNA) – Fukuoka Prize Committee has selected Pakistan’s first female architect Ms. Yasmeen Lari for Japan’s prestigious Fukuoka Asia Cultural Prize 2016 for her outstanding contributions in preserving or creating Asian culture. The Fukuoka Prize was established by Fukuoka city which is known as Japan’s cultural gateway, in 1990 as an award which is presented annually to honor the outstanding work of individuals, groups and organizations to preserve and promote the unique and diverse cultures of Asia. It includes a wide range of fields such as theRead More

SECP amends rules to minimize corporate disputes

SECP frames Capital Market Development Plan

ISLAMABAD, 30 MAY (DNA) – The SECP has amended the Companies (General Provisions and Forms) Rules, 1985, particularly regarding transfers and further allotments of shares in the companies and has issued a notification in this regard. The amendments are aimed at minimizing the growing corporate disputes between shareholders and the management or within the management of companies. The amendments prescribe the detailed procedure for transfer of shareholding in the private company. The shareholders of the private company shall have pre-emptive right to buy shares offered by any other shareholder. AllRead More