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EMIRATE BANK INTERNATIONAL versus UNITED GROUP OF COMPANIES


Banking Companies (Recovery of Loans) Ordinance 1979 Sections 2 3 and 7 (2) Civil Procedure Code (v. 1908), A. XXXVII, Rr 2 and 3 Banking Companies (Debt Maintenance, Advance, Credit and Financial Affairs) Ordinance (XXV) 1997), section 9 (8) and 22 (1) of the Limitation Act (IX of 1908), Section 5 and Article 159 within the application and period for suit leave for recovery of loan amount based on negotiable instrument. Case not to be filed 10 days as required by Section 3, Banking Companies (Debt Recovery) Ordinance 1979 Banking Companies (Recovery of Loans) Ordinance, Banking Companies (Receiving Loans, Progress, Credit and Financial Affairs, 1979) ) The ordinance was repealed in 1997, making the provisions of the Limitation Act, 1908 unusable, for filing the petition had already expired and the case for defending the case was terminated, even if this suit. Can still be defended by the law of limitation, though this procedure was of a nature and should generally apply only to its date. The institution of a lawsuit or proceeding and its application should be retrospectively vetted when a previous application of the law will result in a breach of rights or a breach of the law or such difficulties or injustice as the lawmaker Could not have thought, there should not be such a law. Section 22 (1), amended by the banking companies (advancement of loans, retrieval of credit and financial ordinance 1997), does not contain any exemption in which the right to an interruption can be restored and effected. Was banned under the Rule of Law. A ban on the law, a consequential change in the law or

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