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UNITED BANK LIMITED versus SHAFIQ TEXTILE MILLS LIMITED


Banking Companies (Recovery of Loans) Ordinance 1979 Section 8 (2) (b) Suit for Bank Loan Receipt Based on Banking Tribunals Ordinance (LVIII of 1984), Section 2 (e) and 5 Legal Negotiation Tool The objection to the High Court Banking Tribunal had jurisdiction in respect of any claims arising out of or in connection with the financing provided by the banking company which shall have no jurisdiction other than the banking tribunal in which the banking The tribunal has jurisdiction. Under the extension of section 5 of the Banking Tribunals Ordinance, it is applicable that the jurisdiction of all courts shall be excluded, including section 5 (1) (a) of the High Court, Special Tribunal of the Banking Tribunals Ordinance, 1984 To entertain such cases listed in the Option. In order to entertain the cases contained in Section 8 (2) (b), Banking Companies (Debt Recovery) Ordinance, 1979, the High Court has been excluded, with no jurisdiction to enter. Claim such cases and decide before the appropriate platform to return such plots to the plaintiffs.

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