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MIAN FAROOQ AHMED SHEIKH versus PRIVATIZATION COMMMISSION THROUGH CHAIRMAN


Sec 33 Transfer Establishment Order Exchange (XII of 1978), Article 4 Appeal Privatization for Industrial Unit Proprietary interests, Principle The plaintiff's transfer was the original owner of the private unit shares; Were. Under Article 4 of the Transfer of Plaintiffs' Establishment Order 1978, the right to maximize their rights was finally upheld by the Supreme Court and the defendants were given the opportunity to contest the highest bid filed by the plaintiffs. Go in which the judge dismissed them. The Chamber of the High Court, on the basis that the plaintiff failed to conform to the higher bid, the Privatization Commission asked the plaintiffs to match the higher bid after fulfilling its obligation under the Supreme Court decision, the question was: Whether the plaintiff accepts such offer and is ready and willing to match the highest bidder as the plaintiff did not bid the most, nor did they intend to do so, The case filed by him was rightly dismissed by the High Court, the appeal was dismissed in the circumstances.

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