HomeBusinessThe appointment of the managing director of NTDC was declared void

The appointment of the managing director of NTDC was declared void

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LAHORE: The Lahore High Court declared the appointment of the Managing Director of the National Transmission and Distribution Company (NTDC) null and void Advertisements were placed in newspapers for the MD of a dispatching company, Public Sector Companies Rules 2013 were in force when the recruitment process was in force. After the interview, the NTDC Board unanimously sent the names of 3 candidates to the Federal Govt. list, was appointed MDNTDC. Counsel for the petitioner took the position that that law was passed by Parliament on January 30, 2023. The appointment of MDNTDC by the federal government came into effect on February 8. According to the petitioner, that appointment should have been done under the 2023 law instead of the 2013 law. According to the 2023 law, the federal government has no powers to appoint a CCO of state-owned enterprises.

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