Setting an example and leading from the front, the honourable chief justice of Lahore High Court has provided information about his family textile mills.
In response to an application filed against him in the Islamabad High Court, Syed Mansoor Ali Shah, Chief Justice of Lahore High Court, has said that he was appointed as a director while he was a student and was issued share in the family business M/S Mansoor Textile Mills Limited and M/S Aaj Textile Mills Limited. The mills were being run and managed by his father from November 11, 1984, to January 16, 1989.
He said that these mills were subsequently wound up on October 23, 1988, and the possession of the aforementioned mills was handed over to the joint official liquidator. He was no more the director or shareholder of the companies on October 23, 1988.
The abovementioned mills were sold through the court and their possession was handed over to the third party on May 5, 1990, by the joint official liquidator as a result of Lahore High Court order and the companies were hence dissolved on May 9, 2005. He said that if there is any pending litigation against these dissolved companies, he has nothing to do with them.
He categorically said that he never played any active role in the family business and continued his legal education. He said he neither applied nor obtained any loan or written off any loan with respect to the aforementioned companies.
In the year 2012, when his youngest son got ill and he applied for his treatment, a special medical board was constituted by the Punjab Health Department which recommended abroad medical treatment of his son and Rs 6.4 million was sanctioned under his medical entitlement. Whereas, a total sum of Rs 4.4 million was spent on his son’s medical treatment in UK and USA. He returned the balance amount to the government of Pakistan on December 05, 2012.
He added that his income tax return and Wealth Tax Declaration (2016-17) is also available on the LHC website, setting a new standard of accountability.