AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

SC Appoints Amicus Curiae, Issues Notice to Balochistan Bar Association in Reko Diq Case

admin-augaf by admin-augaf
November 2, 2022
in Business, Finance
Reading Time: 2 mins read
0
SC Appoints Amicus Curiae, Issues Notice to Balochistan Bar Association in Reko Diq Case
Share on FacebookShare on TwitterWhatsapp

Islamabad November 2 2022:The Supreme Court on Tuesday appointed three amicus curiae and issued notice to the Balochistan High Court Bar Association (BHCBA) in a case regarding the Reko Diq settlement agreement.

A five-member larger bench headed by Chief Justice of Pakistan (CJP) Justice Umar Ata Bandial and comprising Justice Ijazul Ahsan, Justice Muneeb Akhtar, Justice Yahya Afridi, and Justice Jamaal Khan Mandokhel heard the presidential reference filed in the case. The president — on the advice of Prime Minister Shehbaz Sharif had filed the reference last month to seek the top court’s opinion on the Reko Diq settlement agreement.

During the course of proceedings, the court appointed Barrister Dr Farogh Naseem, Salman Akram Raja and Zahid Ibrahim as amicus curiae (judicial assistants) and issued notice to the Balochistan High Court Bar for assisting in the reference.

Additional Attorney General (AAG) for Pakistan Aamir Rehman maintained that the judicial order had declared that the relaxation in the rules was done against the laws. The court had declared that there was no authority to ease the rules for an international company, he added.

The Chief Justice asked if the rules were still the same or had been amended. The AAG said the rules have been amended as the government could make amendments as per the new laws.

He said Pakistan would have a 50% share in the minerals extracted from Reko Diq. Upon which, Justice Jamal Mandokhail remarked that following the laws was a must no matter how much share the country gets.

Aamir Rehman said that nothing was being done against the law and the agreement had been prepared while keeping the court’s order in view. In experts’ opinion, a better agreement wouldn’t have been possible in the current circumstances, he said adding Pakistan would have to pay over $9 billion if the agreement was not made.

Chief Justice Umar Ata Bandial remarked the court had the jurisdiction to review only the constitutional questions asked in a presidential reference. The political or economic questions could not be reviewed in a presidential reference the CJP remarked adding why did the government want to apply the 1970s laws on billions of rupees’ investments.

THE CJP further inquired why did the government not make new rules and regulations of international standards.

He asked if the Balochistan government had done new legislation on mining.

The CJP also asked the authorities to the state under which the policy or legal framework the Reko Diq agreement was made.

Subsequently, the hearing of the case was adjourned till Wednesday.

Tags: Reko Diq
admin-augaf

admin-augaf

Related Posts

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA
Business

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold
Business

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met
Business

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Moody

Moody’s Upgrade Ratings of Five Pakistani Banks

August 20, 2025
EPQL accept PPIB proposal to operate plant on comingled fuel but at its own cost

EPQL Executed Supplemental Agreement to PPA with CPPA for Additional Gas

August 20, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments
  • Gold Fields Half-Year Profit Triples on Record Prices
  • ADB To Provide $410 Million For Reko Diq Project

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.