ISLAMABAD: The Supreme Court has struck down a key decision of the Pakistan Electronic Media Regulatory Authority (Pemra) to centralise its powers in the hands of its chairperson, directing the media watchdog to establish formal rules in this regard. This verdict relates to an appeal filed by Neo TV, challenging a fine of Rs500,000 imposed
ISLAMABAD: The Islamabad High Court (IHC) on Tuesday set aside demotion of 112 vice presidents of the Zarai Taraqiati Bank Limited (ZTBL) and also scrapped the order of the bank administration to retrieve the perks these officers received after being promoted.
IHC Chief Justice Athar Minallah observed that the order for demotion of employees was illegal because it was taken without approval of the ZTBL board of directors which had been non-functional for over three years.
The employees alleged that in a surprise move on March 6, around 150 employees of the bank were issued letters by the current management, informing them that the promotions they had earned back in 2015 and 2018 stood cancelled. This decision came as a shock because the employees had not even been provided a right of hearing before their demotion.