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DR. AKHTAR HASSAN KHAN versus FEDERATION OF PAKISTAN


Pakistan's Proposal and Part V Constitution, Article 184 (3) The Privatization of Legal and Legal Status of Privatization of Constitutional Application Successfully Bid as the Most Bidder for the Bank, The Privatization Commission Accepted December 2003 when he found out. The Foundation's bid is also worth more than the quote, the State Bank of Pakistan provided its clearance even after the Foundation was declared a successful bidder and the Privatization Committee's Privatization Committee accepted the Privatization Commission's recommendation. , And the Foundation paid the initial sale price and on February 26, 2004 signed a contract with the Privatization Committee and the State Bank of Pakistan to buy 51% of the government's share in the bank and take over the bank administration, which involved applicants. The privatization was done in a bank of urgency, in a non-transparent way and at will The Federal Government reviewed the bank's privatization case in 1995, and a summary was initiated, a report was sought from the bank which, among other things, sought the approval of the International Monetary Fund (IMF). Ways and means to improve performance were also included. The bank, in order to make it a profit-making business instead of making a loss for the Privatization Commission, sold in December 1998, expressed interest in the sale of 26 percent of the bank's shares and eight parties expressed interest, and The Commission then asked potential bidders for a statement of eligibility, but due to the military occupation of the Privatization Commission Ordinance in October, 1999, the process had to be abandoned, the process of privatization

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