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ATLANTIC CARPETS versus EMIRATES BANK INTERNATIONAL


Banking Companies (Debt, Progress, Credit and Recovery of Financial Issues) Ordinance 1997 Sections 7 (4) and 9 (1) of the suit Banking Court for jurisdiction did not obtain any financial benefit from the plaintiff bank and There was only one account. The bank filed a criminal case against the plaintiff on the information provided by the authorities; 7 (4). 9 (1) of the banking companies was rejected for not being able to maintain the Debt (Advance, Credit and Finance Recovery) Act, 1997

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