Tag: Constitutional Court

  • ‘Pakistan to have two Chief Justices after new constitutional court,’ says Farooq H. Naek

    ‘Pakistan to have two Chief Justices after new constitutional court,’ says Farooq H. Naek

    Vice Chairman of the Pakistan Bar Council (PBC), renowned lawyer Farooq Hamid Naek said on Wednesday that there will be two Chief Justices in Pakistan after the formation of the new Federal Constitutional Court (FCC).

    Vice Chairman of the Pakistan Bar Council from Islamabad claimed that one Chief Justice will head the Federal Constitutional Court while the other will lead the Supreme Court of Pakistan, ARY News reported.

    He further stated that constitutional court judges’ performance will be recorded, and they could be removed through the Judicial Commission based on recommendations, adding that the Committee will propose names for the Chief Justice of the Constitutional Court.

    Naek further said that the Federal Constitutional Court will have representation from all four provinces of Pakistan.

    Chairman of the Pakistan Peoples Party, Bilawal Bhutto, has been campaigning to win the confidence of lawyers nationwide for the formation of a Constitutional Court.

    Addressing the Balochistan High Court Bar Association, the PPP Chairman stated, “If you don’t accept the constitutional courts, you should leave the practice.”

    Meanwhile, some lawyers have rejected the formation of a new constitutional court.

    Speaking at the All Pakistan Lawyers Convention (APLC) organised by the Islamabad Bar Council (IBC) on Monday, lawyers condemned the judicial package and declared it a tactic by anti-democratic forces to control the independence of the judiciary.

  • Gold price sees Rs1,700 per tola dip on last trading day

    Gold price sees Rs1,700 per tola dip on last trading day

    In the final trading session of the week, the per-tola price of 24 karat gold in Pakistan witnessed a notable decrease, sliding by Rs1,700. The precious metal was traded at Rs216,000, compared to its previous rate of Rs217,700.

    Similarly, the price of 10 grammes of 24 karat gold experienced a decline of Rs1,458, settling at Rs185, as opposed to its earlier value of Rs186,643.

    Meanwhile, the prices of 10 grammes of 22-karat gold also observed a dip, reaching Rs169,753 from Rs171,089, according to a report by the All Sindh Sarafa Jewellers Association.

    The per-tola and ten-gramme silver prices remained unchanged, standing at Rs2,600 and Rs2,229.08, respectively.

    On the global front, the price of gold faced a decrease of $15 in the international market, falling to $2,059 from its previous value of $2,074, as reported by the Association.

    These fluctuations in the precious metals market highlight the dynamic nature of the economic landscape, influencing both domestic and international trade.

    Investors and consumers alike are keeping a close eye on these developments as they navigate the ever-changing market conditions.