SHC dismisses plea against privatisation of KESC Sale/transfer of shares does not violate constitutional mandate
Jamal Khurshid KARACHI: The Sindh High Court on Thursday dismissed identical petitions against the privatisation of Karachi Electric Supply Corporation, now K-Electric, and transfer of the company’s shares and administrative control to a Dubai-based company and declared that the privatization process adopted in respect of sale/transfer of shares of KESC does not violate the constitutional mandate. The court observed that privatization of KESC was the result of policy making decision by the executive authority and once the competent authority in the government has taken a decision, which is ...
Source: thenews.com.pk