Connect with us

Latest News

Bills of Exchange Ordinance to be amended

Published

on

The Cabinet of Ministers approved the joint proposal submitted by the President in his capacity as the Minister of Finance, Economic Stabilization and National Policies and the Minister of Justice, Prison Affairs and Constitutional Reforms to direct the Legal Draftsmen to formulate a draft bill to amend the Bills of Exchange Ordinance No. 25 of 1927 based on the recommendations included in the report furnished by the committee appointed for obtaining recommendations on the Bills of Exchange Ordinance that clarify and enhance the law applicable to legitimate documents that transactions can be made.

 

 



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Pakistan withdraw boycott of India match at T20 World Cup

Published

on

By

India and Pakistan will face off on February 15 in Colombo (Cricinfo)

The ten-day standoff over Pakistan’s   refusal to play India  in their scheduled 2026 T20 World Cup group fixture ended in an evening of frenzied press statements and near simultaneous announcements from the Pakistan government and the ICC that the match, billed to be the commercial centrepiece of the tournament, will go ahead on February 15 in Colombo.

The statement from the Pakistan government confirmed that a number of ICC members, including Sri Lanka and the UAE, had urged the PCB not to boycott their fixture, citing financial impact on other nations. It also confirmed that Pakistan Prime Minister Shehbaz Sharif had spoken to Sri Lanka President Kumara Dissanayake on the issue.

“In view of the outcomes achieved in multilateral discussions, as well as the request of friendly countries, the Government of Pakistan hereby directs the Pakistan National Cricket Team to take the field on February 15, 2026, for its scheduled fixture in the ICC Men’s T20 World Cup. Moreover, this decision has been taken with the aim of protecting the spirit of cricket, and to support the continuity of this global sport in all participating nations,” the government statement concluded

The ICC said talks had been successful. “The dialogue between ICC and PCB took place as part of a broader engagement with both parties recognising the need for constructive dealings and being united, committed and purposeful in their aspirations to serve the best interests of the game with integrity, neutrality and cooperation.

“In that prevailing spirit, it was agreed that all members will respect their commitments as per the terms of participation for ICC events and do all that is necessary to ensure that the ongoing edition of the ICC Men’s T20 World Cup is a success.”

Thedecision not to penalise Bangladesh  after their exclusion from the T20 World Cup for refusing to play in India, appears to be the most significant public outcome from a fortnight of negotiations between the ICC, the PCB and, ultimately, the BCB. Pakistan had linked their decision to boycott the game to Bangladesh’s absence from the event, which the PCB chairman Mohsin Naqvi had said was an example of the ICC’s “double standards” and an “injustice”.

ESPNcricinfo understands that the PCB also brought up a morere equitable ICC revenue share model  in their negotiations, though neither the Pakistan government nor the ICC made reference to that in their statements. Speculation that bilateral, or trilateral, series with India was a PCB condition has been strenuously denied by the board.

Though back-channel communications have been going ever since Naqvi first cast doubt on the PCB’s participation in the T20 World Cup a fortnight ago, they intensified after the Pakistan government announced that Pakistan will participate but not play India. Those culminated with a meeting in Lahore on Sunday between Naqvi, the BCB chairman Aminul Islam and ICC director Imran Khawaja. The PCB was the only member other than the BCB to vote against Bangladesh’s removal from the T20 World Cup at an ICC board meeting and wanted any resolution of the India match boycott to include redress for Bangladesh.

ESPN Cricinfo had reported earlier on Monday  that there was growing optimism those discussions might bear fruit. On Monday evening, developments unfolded quickly. Naqvi said a decision on Pakistan’s game against India could come within the next 24-48 hours. Minutes earlier, the ICC had released its statement on Bangladesh, confirming that no penalty would be levied on them. Furthermore, the BCB was granted hosting rights for an additional ICC tournament in the 2028-2031 cycle. As a result, the BCB issued a statement thanking the PCB for its support, and asking them to take part in their fixture against India. Following all of this came the Pakistan government’s statement.

(Cricinfo)

Continue Reading

Latest News

Canada bowl against pace-heavy South Africa

Published

on

By

Marco Jansen and Kagiso Rabada will lead South Africa's pace attack (Cricinfo)

Canada captain Dilpreet Bajwa won the toss and asked South Africa  to bat in their World Cup opener in Ahmedabad.

South Africa have opted for a pace-heavy attack. Keshav Maharaj slots in as their only spinner, alongside the speedy quartet of Marco Jansen, Corbin Bosch, Kagiso Rabada and Lungi Ngidi. Tristan Stubbs also begins the tournament at the No. 6 spot – a position Jason Smith had occupied in their last T20I, while Stubbs had slid down to No. 7. Smith is in the World Cup squad but did not find a spot in South Africa’s starting eleven.

South Africa’s pace is expected to get the most out of a characteristically flat Ahmedabad black-soil pitch. But first, their batters will have a hit in a game they begin as overwhelming favourites against Canada, who are their second World Cup.

Canada’s new captain, Bajwa, will lead the side at a global tournament for the first time. He also slots in at the top of the order, alongside Yuvraj Samra, and their batting power will be key to their hopes of causing a massive upset.

Canada have lost both their warm-up games – to Italy and Nepal – but should their batters come off on a friendly pitch, South Africa will look to have the added insurance of a few more runs in the bank before dew takes over when Canada begin their chase at night.

South Africa:  Quinton de Kock (wk),  Aiden Markram (capt),  Ryan Rickelton, Dewald Brevis, David Miller, Tristan Stubbs,  Marco Jansen,  Corbin Bosch, Kagiso Rabada, Keshav Maharaj,  Lungi Ngidi

Canada:  Dilpreet Bajwa (capt), Yuvraj Samra, Navneet Dhaliwal,  Nicholas Kirton, Shreyas Movva,  Harsh Thaker,  Saad Bin Zafar,  Jaskaran Singh,  Dilon Heyliger,  Kaleem Sana,  Ansh Patel

(Cricinfo)

Continue Reading

Latest News

Hong Kong court jails media tycoon and British citizen Jimmy Lai for 20 years

Published

on

By

(Pic BBC)

A Hong Kong court jailed pro democracy tycoon Jimmy Lai for 20 years on Monday after he was found guilty of national security offences last December

This is the harshest sentence under the controversial national security law, which China says is necessary for the city’s stability

Lai, who is a British citizen, was one of the loudest critics of Beijing, often wielding his pro-democracy paper, Apple Daily, as a tool of protest

Six former executives of the paper were also jailed on Monday – from six years and nine months to 10 years

Hailed a hero by the pro-democracy movement, Lai is seen as a traitor by Beijing. He has always denied the charges against him

The UK calls for the Chinese government to release Lai,  saying it will “rapidly engage further” with Beijing. But Hong Kong’s chief executive welcomes the sentence, saying Lai used “used Apple Daily to poison the minds of citizens”.

Lai’s son, Sebastien, tells the BBC his father’s punishment is “basically a death sentence”.

(BBC)

Continue Reading

Trending