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PRIME COMMERCIAL BANK LTD. versus CH. WIRE ROPE INDUSTRIES (PVT.) LTD., LAHORE


Banking Companies (Loans, Progress, Credit and Recovery of Financial Issues) Ordinance 1997 Section 9 (1) Companies Ordinance (XLVII of 1984), Section 316 suits which the Batik Debt Restoration Company is entitled to claim under this Bank's exception. The lawsuit should be filed before the court. Under section 316 of the Companies Ordinance, 1984, a judge of a validity company had the power to allow any trial or any other trial against a company under the permit of the company where the company judge The permission was obtained before the lawsuit was filed, capable of sustaining the case

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