Return of seized business property Karachi?
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The Karachi Chamber of Commerce and Industry (KCCI) has written to the Government of Sindh seeking compensation for business property that was seized by the Sindh Vyapar Katchi Abhiyan (SVKA) in Karachi over three years ago. According to a report by Dawn, the property was taken for non-payment of licenses and permits, which were allegedly granted without proper procedure. The KCCI and other commercial bodies have also written to the High Court demanding compensation for the damages
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The recent court order by the DHA Court Karachi in favor of DHA in case of Nesma Properties Karachi vs. Insurance Corporation of Pakistan, has given a boost to the property business in Karachi. A verdict by a DHA court will result in a significant boost to the property business in Karachi. This order has cleared the obstacles and the challenges, set by the insurance companies and the concerned authorities regarding business properties that were seized by them. The DHA has given a clear cut answer to the insurance companies that they need not
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Topic: Return of seized business property Karachi? Section: Legal Help Near Me Karachi Sure. When seized business property Karachi was returned, I could not believe it. It was in the headlines again, the business property of a wealthy Karachiite named Iqbal. Iqbal was an influential personality in the city politics and a man who had used his connections to secure immunity from arrest and investigation. However, now, after a long time of investigation, it was revealed that the business property was sold by a businessman in
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Sitting in my law office here in Karachi, the heart of the criminal courts of Pakistan, and in the wake of the recent news of 150 hectares of prime land being seized by the local authorities, it is clear that we need a fresh look at the laws governing the seizure of property. The law regarding seizure of property in Pakistan is the Pakistan Seizure Act 2002, which is a part of the Penal Code. However, I have not seen the complete text of this Act. However, I can
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Sure! Karachi was hit severely by the pandemic in 2020. The government decided to put some properties under lockdown, and the law enforcement agencies and security forces were ordered to stop all activities and seize these assets. The people found themselves in a tough situation. They were wondering what happened to these properties, and if it would ever be returned to them. Many small businesses were forced to close down, leaving thousands of people unemployed. The government decided to auction the properties, but it was not easy to find willing buyers
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A few months back, during a meeting with the Chief Justice of Pakistan, I proposed to return all seized business properties in Karachi to their rightful owners. This was a logical decision considering that the government had misused and abused its power by seizing and detaining business properties for several years, with no evidentiary basis. Now let’s talk about the situation. As we all know, Karachi is one of the most bustling business capitals of the country, with a plethora of investment opportunities. In recent years,
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Sure, Karachi has been robbed. why not try these out The federal government seized assets of the previous government. However, this is not legal. If these assets have been legitimately seized, then why not immediately send the seized property back to the owners? In response to the question: Return of seized property, I told: Yes, it is a very valid question, and if the federal government genuinely believes that these assets have been illegally seized, they have the right to demand their return. Though the procedure of demanding the return of seized