FCC suspends SHC order on petroleum subsidy payment in company case
Key takeaways
- The court accepted the federal government’s appeal for hearing and issued notices to all parties involved.
- Earlier, the Sindh High Court had ordered the payment of subsidy amounts to a petroleum company within a week.
- The federal government had earlier decided to provide subsidies to petroleum companies based on price differentials.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize The Federal Constitutional Court (FCC) has suspended a High Court order directing the payment of billions of rupees in subsidy to a private petroleum company within one week, in a case related to the ongoing petroleum crisis and subsidies granted to companies.
The court accepted the federal government’s appeal for hearing and issued notices to all parties involved. It also sought the complete case record from the High Court.
Earlier, the Sindh High Court had ordered the payment of subsidy amounts to a petroleum company within a week. In a separate matter, the High Court had also restrained the Federal Investigation Agency (FIA) from proceeding with its decision.