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  • SC issues decree on value of immovable property

    ISLAMABAD: The Supreme Court has held that the date when an agreement is prepared and presented for registration in a matter relating to transfer of ownership of an immovable property, will be considered the material date for such a deed...

    Thus, the stamp duty required to be paid/affixed will be according to the value of the property on the date when the agreement is prepared, says a judgment authored by Justice Qazi Faez Isa...

  • Saudi sovereign fund value jumps amid market turmoil

    DUBAI: As Saudi Arabia’s anti-corruption purge sends the shares of some if its companies into a tailspin, the kingdom’s sovereign wealth fund has gained in value...

    Last week the market value of the Public Investment Fund’s portfolio of Saudi equities jumped by almost $3 billion, Reuters calculations show, even as the arrest or questioning of more than 200 people in the probe caused stocks in many privately controlled firms to...

  • Yuan’s falling to its real market value: ADB head

    YOKOHAMA: The yuan’s recent depreciation moves it closer towards its real market value, the head of the Asian Development Bank (ADB) said, dismissing fears that China may export deflation to its Asian neighbours by flooding goods made cheaper by a weak currency...

    Depreciation of the yuan is in line with its real market value...

  • Awami Markaz among highrises without CDA completion certificate

    ISLAMABAD: The Awami Markaz building, which was gutted on Sunday, did not have a completion certificate from the Capital Development Authority (CDA) certifying that it complied with the civic agency’s fire and safety codes, among other components...

    Margalla Towers, which collapsed in the 2005 earthquake, was another building that did not have a completion certificate...

  • Political parties cannot be disqualified over a fake certificate, SC tells PML-N lawyer

    During the hearing of Pakistan Tehreek-i-Insaf's (PTI) foreign funding case on Tuesday, the chief justice of Pakistan said that there is no law that states that a political party can be disqualified on the basis of a fake certificate...

    Chief Justice Nisar added that neither the Representation of People Act, nor the Political Parties Act mentions that a party must be disqualified for submitting a fake certificate...

  • LHC wants dowry items mentioned in marriage certificate

    LAHORE: The Lahore High Court has directed the Punjab government to introduce a new legislation to incorporate dowry items in Nikahnama (marriage certificate) so the miseries of women litigants seeking recovery of their dowry after marital break-up can be reduced...

    The judge, however, dismissed the petition finding no illegality or irregularity in the impugned decision of the lower court regarding the evaluation of the dowry items’...

  • ‘Verify Musharraf’s medical certificate’

    ISLAMABAD: The complainant in the murder case of Lal Masjid cleric Abdul Rashid Ghazi on Saturday demanded verification of the medical certificate filed by former president Pervez Musharraf seeking exemption from personal appearance in the court...

    When Additional District and Sessions Judge (ADSJ) Pervaizul Qadir Memon resumed hearing, Musharraf’s counsel produced the certificate along with an application seeking the exemption of...

  • Samia’s uncle arrested for forging her death certificate

    GUJRAT: The Jhelum Civil Lines police have arrested a maternal uncle of Samia Shahid, a British national of Pakistani origin who was slain for honour by her family, under forgery charges for getting her death certificate from a local union council...

    The certificate managed by Haq Nawaz through Ladhar union council in Dina tehsil showed her ex-husband Chaudhary Shakil as her present husband and declared that she had died from natural...

  • Taliban chief also issued local resident certificate

    QUETTA: Afghan Taliban chief Mullah Akhtar Mansour had obtained not only Pakistani national identity card and passport but also a local resident certificate in the name of Wali Mohammad, according to the Federal Investigation Agency (FIA) which is investigating the issuance of the documents...

    An officer of the FIA said that they had found a local resident certificate showing Wali Mohammad (Mullah Mansour) a resident of Qila Abdullah...

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