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MUGHAL INTERNATIONAL, LAHORE versus FEDERATION OF PAKISTAN


Import and Export (Control) Act 1950 Section 3 (1) Import Trade and Procedure Order, 2000, Pet 6 (3) Annex B, Item 63A Section R No. 145 (1) / 01 dated 8 3 2001 State Bank of Pakistan Circular , Charter 16, 2001 (State Bank of Pakistan Foreign Exchange Control Manual, Chapter 13, Para 35 Constitution of Pakistan 1973), Article 199 Constitution Petition The Chinese Government Involved - Item in Annex B of the Import Trade and Procedure Order. As of 63A, 2000 and consequently, it was possible for Pakistan to import sugar from India. The importer agreed with Chinese exporters to import sugar. And for this purpose two liters of credit were established on behalf of the Indian exporter on 31st 2001. "Chinese" was canceled from Appendix to the Import Trade and Procedure Order, 2000, by section RO No. 145 (I) / O1, and as a result of this notification the State Bank of Pakistan Issued a circular date 16 3. 2001 through which the bank entered Pakistan was instructed not to establish a Letter of Credit in relation to the import of sugar from India and the pre-established letter of credit was not to be extended in this regard, which was before it was issued. The letter of credit has been extended in this regard. The Circular of the State Bank then applied for an amendment to the Letter of Credit on 6-6 2001 so as to extend the specific shipping dates which the Bank refused by referring to the circular dated 16 2001 2001 2001 by the State Bank of Pakistan. Had done. A rational breach of history that was in line with government policy that was set forth in the Import Trade and Procedure Order, 2000, and so on.

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