The National Assembly on Wednesday passed ‘The State Life Insurance Corporation Re-organisation and Conversion Bill, 2016’.
Four bills were introduced in the House on Wednesday. These are “The Legal Practitioners and Bar Councils (Amendment) Bill, 2016”, “The Code of Civil Procedure (Amendment) Bill, 2016”, “The Islamabad High Court (Amendment) Bill, 2016” and “The Civil Courts (Amendment) Bill, 2016”.
These bills were moved by Minister for Law and Justice Zahid Hamid. “The State Life Insurance Corporation Re-organisation and Conversion Bill, 2016” was moved by Minister for Commerce Khurram Dastgir. The bill provides for converting the State Life Insurance Corporation into a public limited company.