ISLAMABAD – Ministry of Law has issued notification for the appointment of Justice Umar Ata Bandial as 28th Chief Justice of Pakistan (CJP).
Reports in local media said Justice Bandial will assume the post of country’s senior-most judge from February 2, 2022.
A notification issued by the Ministry of Law and Justice cited “In exercise of powers conferred by clause (3) of Article 175-A read with Article 177 of the Constitution of the Islamic Republic of Pakistan, the President is pleased to appoint Justice Umar Ata Bandial, the most senior judge of Supreme Court, as Chief Justice of Pakistan with effect from 02.02.2022”.
It also added that the notification had been issued following the approval by President Arif Alvi.
Justice Umar Ata Bandial received his bachelor's degree in economics from Columbia University in 1979 and received his law degree from the University of Cambridge in 1981. He had been elevated as an LHC judge on December 4, 2004.
The top judge will take charge of the post until September 16, 2023 – around 19 months from Feb 2022. Following the completion of his service tenure, he will be replaced by Justice Qazi Faez Isa.
Meanwhile, the serving CJP Justice Gulzar Ahmed is set to retire from his post on February 1, he took oath on December 21, 2019, replacing Justice Saqib Nisar.
Pakistani rupee witnessed marginal losses against US dollar, and other currencies in the open market.
On Wednesday, the dollar was being quoted at 285.6 for selling and 288.65 for buying purposes.
Euro price stands at 312 for buying and 315 for selling. British Pound rate stands at 360 for buying, and 363 for selling.
UAE Dirham AED stands at 78.25 whereas the Saudi Riyal also witnessed fall and new price stands at 76.25.
|UK Pound Sterling||GBP||360||363|
|Hong Kong Dollar||HKD||36.24||36.59|
|New Zealand Dollar||NZD||173.44||175.44|
KARACHI – The gold price moved up down in the local market in line with massive increase in international market.
On Wednesday, the single tola of 24 Karat gold was available at Rs218,000, and the price for 10-gram gold saw an increase of Rs943 to reach Rs186,900.
Meanwhile, the 22 Karat Gold price stands at Rs199,830, 21 karat rate for each tola is Rs190,750 and 18k gold rate hoveres around Rs163,500.00.
In international market, the price of precious metal went up by $29 to settle at $2,044 per ounce.
|Lahore||PKR 218,000||PKR 2,610|
|Karachi||PKR 218,000||PKR 2,610|
|Islamabad||PKR 218,000||PKR 2,610|
|Peshawar||PKR 218,000||PKR 2,610|
|Quetta||PKR 218,000||PKR 2,610|
|Sialkot||PKR 218,000||PKR 2,610|
|Attock||PKR 218,000||PKR 2,610|
|Gujranwala||PKR 218,000||PKR 2,610|
|Jehlum||PKR 218,000||PKR 2,610|
|Multan||PKR 218,000||PKR 2,610|
|Bahawalpur||PKR 218,000||PKR 2,610|
|Gujrat||PKR 218,000||PKR 2,610|
|Nawabshah||PKR 218,000||PKR 2,610|
|Chakwal||PKR 218,000||PKR 2,610|
|Hyderabad||PKR 218,000||PKR 2,610|
|Nowshehra||PKR 218,000||PKR 2,610|
|Sargodha||PKR 218,000||PKR 2,610|
|Faisalabad||PKR 218,000||PKR 2,610|
|Mirpur||PKR 218,000||PKR 2,610|