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NATIONAL BANK OF PAKISTAN versus KHAIRPUR TEXTILE MILLS LTD


Banking Companies (Loans, Progress, Credit and Recovery of Financial Issues) Ordinance 1997 Section 21 of the Civil Procedure Code (V of 1908), section 12 (2) of section 12 (2), CPC, proceedings before the banking court Have the jurisdiction under applicable provisions for The Banking Companies (Loans, Progress, Credit and Finance) Act, 1997 was related to the passage of the settlement of the outstanding debt settlement by the Banking Court. It was through the bank that the borrower obtained the order from the banking court through fraud. Appeal against such order under section 21 of the Banking Companies (Loans, Progress, Credit and Recovery of Finance) Act 1997, Section 12 (2), instead of proceeding under CPC, section 12 (2) The appeal was filed under the legal provisions of the banking court. , The CPC applied to such proceedings but since the bank had already opted to get any treatment that was available to him, no further order was required after the appeal was dismissed. In lemons

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