The petition filed by Perpetual Treasuries demanding to cancel the order imposed by Central Bank Monetary Board restricting transactions of two subsidiary companies was taken before Court of Appeal today.

The Court informed that the petition will be considered on March 3.

Perpetual Treasuries (Pvt) Ltd, a primary dealer specializing in the intermediary government security market, filed a Writ Petition before the the Court of Appeal seeking an order quashing the directions of the Monetary Board imposing restriction on it last week.