Bank of Punjab, flat owners challenge IHC verdict on One Constitution Avenue lease cancellation

ISLAMABAD: The Bank of Punjab (BoP) and several flat owners of the capital’s iconic One Constitution Avenue project have filed separate intra-court appeals before the Islamabad High Court (IHC), challenging a single bench verdict that upheld the cancellation of the project’s lease and ruled that third-party buyers would “sink or sail” with the original lessee. The decision of the single bench, which had dismissed BNP (Private) Limited’s writ petition and upheld the cancellation of the lease, ...

By none@none.com (Malik Asad)