FAROOQ AHMAD SHAIKH versus FEDERATION OF PAKISTAN
Transfer of Section 4 of the Establishment Order 1978 [as amended by the Transfer Arrangement (Amendment) Ordinance (XV of 1991) and the Arrangement of Transfer (Second Amendment) Ordinance (XXIII of 1991)] Constitution of Pakistan (1973), Article 199 Government shares in question are former owners, who have the first right to refuse a higher bid received, have never indicated a desire to buy the shares offered by the Privatization Commission, in the Privatization Commission's decision to sell the shares. No cases of interference were reported. Particularly because of the progress made during the approval of constitutional petitions on the highest bidder's question, as a result of the establishment's auction, employees made the highest bid for the purchase of shares and such bid was made. Much more than bid. At the time of the first auction, these owners were later sold shares to the former owners in the context of development. The highest bid of the first offer would be a substantial loss of public revenue which the High Court did not exercise at its discretion. That, although the rights of the parties were to be determined on the day of filing the constitutional petition, the High Court could not close its eyes on the subsequent progress of which it was fully entitled to take notice of the High Court. Deemed appropriate for direct transfer, which is the highest bid per share and bonus share through them. Subject to any out-of-contract rights, made by employees for these bonus shares, issued during the approval of the constitutional application
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