KARACHI: The Sindh High Court (SHC) has reserved its judgment on a set of petitions challenging the sealing of the historic Karachi Cotton Exchange building by federal authorities. A two-member bench, comprising Justice Adnan-ul-Karim Memon and Justice Zulfiqar Ali Sangi, heard arguments regarding the jurisdiction of federal agencies over the property.
Jurisdiction Scrutiny: The court questioned the Federal Investigation Agency’s (FIA) involvement, noting that the FIA is an investigative body, not a primary law enforcement agency for provincial matters. Justice Memon remarked that administrative or ownership disputes do not fall under their mandate when provincial laws exist, asking why the FIA has shown such excessive interest in this case.
Arguments and Legal Stance: Representing the petitioners, Anwar Mansoor Khan Advocate argued that the FIA lacks the legal authority to intervene or conduct an inquiry. Meanwhile, the counsel for the Evacuee Trust Property Board (ETPB) claimed the building was sealed by them with FIA’s assistance. However, KMC’s counsel, Barrister Haider Waheed, countered that even as evacuee property, it remains a provincial subject under Sindh’s laws.
Due Process Concerns: Justice Zulfiqar Ali Sangi pointed out the abrupt nature of the action, noting that the property was purchased in 1936, yet it was sealed in 2025 via a sudden notice without giving traders a fair hearing. The court expressed skepticism over a federal agency issuing notices when provincial legislation is already in place.
Current Status: After hearing detailed arguments from all parties, the bench reserved its verdict. The upcoming decision is expected to determine the jurisdiction of the authorities and whether the building will be de-sealed.
