Case Details

Citation(s)
2025 SLG 1119 2025 SLD 1119 = 2025 SCP 144
Supreme Court of Pakistan
Civil Petition No. 1477 of 2023 (Against the order of the Lahore High Court, Lahore dated 01.02.2023 passed in W.P. No. 36748 of 2022)
PRESENT: Justice Amin-ud-Din Khan, Senior Judge Justice Jamal Khan Mandokhail Justice Naeem Akhter Afghan Justice Shakeel Ahmad Justice Aamer Farooq
For the Petitioner(s) : Mr. Faisal Siddiqui, ASC Dr. Muhammad Usman, AOR For respondent No.1 Rana Asadullah Khan, Addl. AGP For respondent No. 8 : Mr. Waqas Ahmad Mir, ASC For respondents 2-7 Not represented Date of Hearing : 20.03.2025

Senior Joint Director Foreign Exchange Operations Division SBP …Petitioner(s)

VERSUS

Federation of Pakistan and others …Respondent(s)

Law: Foreign Exchange Regulation Act, 1947

Section: 23-C(4), Rule 8

Law: Constitution of Pakistan, 1973

Section: 9

 SUMMARY;

The judgment addresses the constitutional validity of Section 23-C(4) of the Foreign Exchange Regulation Act, 1947, and Rule 8 of the Adjudication Proceedings and Appeal Rules, 1988, which require the deposit of the penalty amount or furnishing of equivalent security as a mandatory precondition for filing an appeal.

Core Points:

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