TAUFIQ TEXTILE MILLS (PVT.) LTD. versus INDUS. DEVELOPMENT BANK OF PAK.
Proposal of the Industrial Development Bank of Pakistan Ordinance 1961 and the nature and purpose of the section 39 Industrial Development Bank of Pakistan Ordinance, 1961, is a special law, making it immediately available for credit facilities for industrial concerns for immediate rehabilitation. And has been implemented to protect the interests of the bank. The balance ordinance balances between its objectives and the method of acquisition and, in addition to the industrial concerns, specially for the implementation of the bank lenders claim under Bank Section 39 of the Industrial Development Bank of Pakistan Ordinance, 1961. Provides provisions. The bank failed to show cause for non-payment of dues
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