Latest news with #OverseasPropertyAct2024
Express Tribune
17-03-2025
- Politics
- Express Tribune
IHC forms special bench for overseas Pakistanis' property cases
The Islamabad High Court (IHC) has constituted a special bench to hear property-related disputes of overseas Pakistanis under the Overseas Property Act 2024. The bench is headed by Justice Khadim Hussain Soomro. The decision, taken to expedite the resolution of such cases, was approved by Acting Chief Justice Sardar Sarfraz Dogar, who also directed the nomination of judges for special courts dedicated to overseas Pakistanis' property disputes. A notification regarding Justice Soomro's appointment to hear related cases and appeals was issued by the deputy registrar of IHC with the approval of the acting chief justice. In addition, Justice Dogar has empowered session judges to nominate judges for special courts handling overseas property cases. According to an official letter, session judges of Islamabad's East and West districts will designate these special courts. The IHC Registrar, in a letter to the Secretary of Law and Justice, advised that judges for these courts be nominated based on the volume of pending cases and judicial officers' expertise.
Express Tribune
17-03-2025
- Business
- Express Tribune
Special courts to be set up for overseas Pakistanis' property disputes
Listen to article Special courts will be established in Islamabad to address property disputes involving overseas Pakistanis, under the Overseas Property Act 2024, According to Express News, these courts are aimed at expediting the resolution of property disputes for Pakistanis living abroad. The acting Chief Justice of the Islamabad High Court has directed the formation of these special courts. The acting Chief Justice has granted the authority of appointing judges to the session judges. In this regard, the Registrar of the Islamabad High Court has written a letter to the Secretary of Law and Justice, stating that the session judges for East and West Overseas Special Courts will be nominated. The letter further specifies that pending cases and the judicial officers' experience should be considered when nominating judges for the session courts. The letter also mentioned that under the Overseas Property Act, the Ministry of Law will issue the necessary notifications for the East and West Sessions Courts. Additionally, a special bench has been formed in the Islamabad High Court under the Overseas Property Act 2024 to hear cases related to the property of overseas Pakistanis. Justice Khadim Hussain Soomro will hear cases and appeals related to overseas Pakistanis' property. The notification in this regard has been issued by the Deputy Registrar, with approval from the acting Chief Justice. Previously in October Pakistan's Senate approved a bill to establish special courts for resolving property disputes of overseas Pakistanis. The bill, presented by Chaudhry Salik Hussain, mandates that these courts settle cases within 90 day. Earlier, Minister for Finance and Revenue Senator Muhammad Aurangzeb provided a comprehensive update on the country's economic progress, highlighting increased remittance inflows, growing investor confidence, and improved outcomes from institutional reforms. "The record-breaking remittance inflow for February 2025 reached an impressive $3.1 billion. We estimate an all-time high remittance inflow of $36 billion by the end of the fiscal year," he said at a news conference alongside Minister for Information, Broadcasting, National Heritage, and Culture Attaullah Tarar. Expressing gratitude to the Pakistani diaspora, whom he described as "the lifeline of our country," Aurangzeb acknowledged their invaluable contribution to the economy.
