Karachi Cotton Association withdraws plea against building ‘takeover’

KARACHI: The Karachi Cotton Association (KCA) has withdrawn a petition filed in the Sindh High Court challenging the evacuation of an old building on I.I. Chundrigar Road, which it claims to own.

On Dec 12, the association issued a press release that read that “an unlawful raid was conducted on the Karachi Cotton Exchange Building jointly by the Evacuee Trust and the FIA [Federal Investigation Agency] despite the fact that KCA is in lawful possession of the property under a valid lease........

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