SHC stays recovery notice against pharmaceutical company

KARACHI: An appellate bench of High Court of Sindh (SHC) stayed operation of a recovery notice worth rupees 14 million while issuing notice to the respondent Assistant Commissioner IRS, RTO II,  Zone II for May 24.

The bench was hearing a petition filed by Rai Muneer Ahmed through counsel Ms Dil Khurram Shaheen. The petitioner who owns a pharmaceutical company maintained that an appeal is pending adjudication before Commissioner of Appeals and therefore the recovery notice be suspended till decision by the appellate authority.

The bench after hearing initial arguments stayed the operation of the recovery notice till May 24 while summoning a reply from the respondents.

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