LHC issues a stay order on the appointment of the MD
Lahore High Court on Friday stayed the appointment of chief executive officer and managing director of Faisalabad Electric Supply Company (Fesco) and sought a reply from the Ministry of Water and Power.
Fesco Engineers’ Association had challenged the appointment process, alleging that the ministry had violated the rules set by the court. Petitioner Azhar Siddique argued that board of directors was the competent authority to appoint the company’s CEO and MD under the Companies Ordinance 1984.. However, he said, the ministry had bypassed the rules and had directly advertised the vacancies.
The counsel asked the court to stop the appointment process. A counsel for the federal government and the Fesco sought time to submit their replies. Justice Shahid Karim adjourned hearing till February 6.
Published in The Express Tribune, January 24th, 2015.
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