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KARACHI: The Karachi Cotton Association has expressed deep concern over the Evacuee Trust Property Board’s reluctance to implement Sindh High Court orders regarding the Cotton Exchange Building, which has been sealed by the ETPB since December 12, 2025.
The SHC had declared on June 18 that “…….the KCA shall enjoy the possession of property and continue its business activities without any disturbance”.
However, the verdict remains unimplemented, as the seven-month closure of the Building and the ‘unlawful’ seizure of the documents and computers have completely halted the KCA’s administrative operations and paralysed the businesses of its legal tenants, including key cotton traders, ginners, spinners, and exporters.
This ongoing disruption has inflicted severe financial losses on KCA and individual stakeholders, and caused significant damage to the national economy, KCA Secretary-General Aftab Ahmed observed in a statement on Monday.
