Thursday, 30 March 2023
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Lahore High Court dismisses plea against ban on Rs 7,500 prize bond

The Lahore High Court (LHC) on Tuesday dismissed a petition filled, where challenging ban by the government on sale and purchase and further draw of Rs 7,500 prize bonds, after it’s discontinuation.

The court decided that the ban imposed as per government policy and court can not interfere in their policy matters. Justice Jawad Hassan reserved the verdict on maintainability of the petition filed by Anwar Ali. It was decided on Tuesday.

Earlier, a legal counsel for the petitioner argued before the honorable court. That the federal government issued a notification banning sale, purchase and draw of Rs 7,500 prize bonds. He argued that the step was not only illegal but also discriminatory. He pleaded with the court to set aside the ban on the Prize Bonds of Rs 7500.

Top Tax Consultants Lahore Pakistan

Prize Bonds | 7500 | Discontinued | Petition | Lahore High Court |

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