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UNITED STEEL CORPORATION, MOMANPURA, DARUGHAWALA, G.T. ROAD, LAHORE versus MUSLIM COMMERCIAL BANK LTD.


Banking Companies (Debt, Progress, Recovery of Credit and Financial Issues) Ordinance 1997 Section 2 (c), (d) and 7 Guarantees or Compensation, Jurisdiction of the Banking Court scope Banking Court on the basis of Section 2 (c) (d) Action against the Banking Companies (Loans, Progress, Credit and Recovery of Financial Issues) Act, 1997, has jurisdiction to review the case against the guarantor and the non-exempt because they are included in the definition of credit and consumer.

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