• Skip to main content
  • LESCO Bill
    • About Us
    • LESCO Customer Services
    • LESCO MIS – Developed by LESCO Official Computer Center
    • Jobs in LESCO
    • LESCO Complaint Online
    • LESCO Online Bill Payment
  • LESCO Tariff
  • LESCO Bill Calculator
  • LESCO Net Metering
  • MEPCO Bill
    • MEPCO Bill Calculator
  • IESCO Bill
    • IESCO New Connection
    • IESCO Bill Calculator
    • IESCO Tariff
    • IESCO Customer Services
  • Blog

LESCO Bill

Check Online LESCO Bill

Nazir Cotton Mills files petition for contempt of court against WAPDA

Last Updated On July 29, 2022 By John Thomas

On July 19, 2022, Nazir Cotton Mills Limited had to suspend spinning production because WAPDA failed to obey the Lahore High Court Lahore court order which mandates that Nazir’s electricity connection be reinstated.

As a result of this lack of power, Nazir cannot resume spinning production at full capacity and all employees affected by this suspension have not been able to pay for their work up until this point in time.

The company stated in its progress report submitted to the bourse that the session court had been directed by the Honorable High Court in its order to take action to restore the Company’s Power supply by LESCO.

The session court has now instructed the district court to decide this dispute.

In response to the Lahore High Court’s directives, the business has filed a petition with the district court in Sheikhupura. The administration is working as hard as it can to get a power connection. However, LESCO utilizes delay techniques.

According to the firm, the following hearing date is September 17, 2022. The reconnection of electricity is anticipated to take place soon. The business will then be able to restart spinning yarn for sale. It is noted in the report noted that additional progress would be presented in the progress report for the following quarter.

To be aware of, the company’s stock was currently trading at Rs4.86, down 6.54 percent or Rs0.34 from yesterday’s pricing.

Related Posts:

  • LESCO Contempt Plea Against Chief Secretary | Dismissed
    LESCO Contempt Plea Against Chief Secretary | Dismissed
  • WAPDA Kicked Off Operation Against Electricity Theft in Abbottabad
    WAPDA Kicked Off Operation Against Electricity Theft in…
  • WAPDA Projects 20pc Increase In Revenue Requirement For FY 2022-23
    WAPDA Projects 20pc Increase In Revenue Requirement For FY…
  • NEPRA Rejects WAPDA’s Request to Increase Tariff for Neelum-Jehlum Project
    NEPRA Rejects WAPDA’s Request to Increase Tariff for…
Copyright © 2022 - LESCOBILLONLINE.NET, All Rights Reserved.
Privacy Policy | Disclaimer | Contact Us