Article: SHC issues contempt notices to SPCBL in NAB's Modarbasaccounts defreezing case.

Karachi April 30 PPI: A division bench of Sindh High Court comprising Justice Sarmad Jalal Osmany and Justice Azizullah M Memon ordered to issue contempt notices to Saudi Pak Commercial Bank Ltd on contempt plea filed by First Prudential Modaraba, First Pak Modarba and their management companies and fixed May 4 for hearing of contempt application. Saalim Salam Ansari advocate for petitioner Modarabas contended before the division bench that by virtue of consent order dated March 29, 2005 in presence of deputy prosecutor general NAB and counsel of Saudi Pak Commercial Bank Ltd order of releasing/defreezing of accounts of First Pak Modarba as well as First ...

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