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Pakistan·Trade & Economy·Diplomacy

Karachi Cotton Exchange building dispute sent back for fresh court hearing

Monday, 13 April 2026, 04:05 · 1 min read

The Sindh High Court (SHC) in Pakistan has ordered a fresh hearing of ten petitions — seven previously reserved for judgement and three newly filed — concerning the ownership and sealing of the historic Karachi Cotton Exchange Building, scheduling proceedings for 20 April before a different constitutional bench. The case stems from a December 2025 joint raid by the Federal Investigation Agency (FIA) and the Evacuee Trust Property Board (ETPB), which sealed the building and declared it federal trust property, prompting legal challenges from the Karachi Metropolitan Corporation and the Karachi Cotton Association who dispute the agencies' jurisdiction. The court consolidated the matters to prevent conflicting rulings from two separate benches, while existing interim orders shielding officials from coercive action remain in force until the next hearing.

Sources
DawnSHC orders fresh hearing of petitions earlier reserved for verdict in Cotton Exchange building case ↗︎
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