The Supreme Court observed on Tuesday that insider trading does not have to be declared in the election nomination papers.

The remarks were made by Justice Umar Ata Bandiyal during the hearing of the disqualification case against Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and secretary general Jahangir Tareen.

Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi had filed a petition in the apex court seeking the disqualification from parliament of Tareen and Imran over their alleged non-declaration of assets and ownership of offshore companies.

 A three-member Supreme Court bench, headed by Chief Justice Mian Saqib Nisar, heard the case.

 Azid Nafees, Abbasi’s counsel, argued that the disqualification has to be undertaken on the matter of dishonesty and not over submission of nomination papers. He alleged that Tareen acquired illegal money.

The chief justice, during the hearing, questioned the counsel whether every illegal act makes someone dishonest. He further remarked that these are new arguments for which Tareen’s counsel Sikandar Bashir Mohmand's opinion will be sought.

Meanwhile, hearing Abbasi's counsel for Imran's case, Akram Sheikh’s arguments, Justice Nisar remarked that judges are also working under the ambit of the law.

He remarked further that election tribunals are the appropriate forum for resolving issues with someone’s election.

The hearing was adjourned until tomorrow.

The last hearing of the case, with regards to Tareen, was held on October 25 when the chief justice observed that Tareen was yet to submit a trust deed to the court regarding his UK property.