MESSRS BAGHPOTEE SERVICES (PRIVATE) LTD. versus MESSRS ALLIED BANK OF PAKISTAN LTD.
Section 27 of the Banking Companies (Loans, Progress, Credit and Recovery of Financial Issues) Act 1997 Review and recall case On the merits of the first order in reviewing an order issued because no party is present Consideration is given to consider the power of reason not only when recalling the order, but also in the case of review, it is necessary to give it authority through the constitution but in case of reconsideration of power the principles of natural justice. Needs to be read in every law, under section 27 of the Banking Companies (Loans, Progress, Credit and Recovery of Finance) Act 1997 Re-order review not excluded, but order recall was passed due to party non-submission which is available in banking court
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