HAFIZ BROTHERS (PVT.) LTD versus PAKISTAN INDUSTRIAL CREDIT AND INVESTMENT CORPORATION LTD
Banking Tribunals Ordinance 1984 Section 9 Banking Companies (Loans, Progress, Credit and Financial Affairs Rehabilitation) Act (XV of 1997), Section 7 Constitution of Pakistan (1973), Article 185 (3) Failure to process bank loan recovery The provisions of Section 7 of the Companies (Loans, Advancement, Credit and Financial Resource Rehabilitation) Act, 1997, the Impact Banking, Tribunal pronounced the judgment and the High Court upheld that the applicants were in accordance with the law. The work was done Permission to appeal the rules was denied when the lawsuit was filed
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