ALLIED BANK OF PAKISTAN LTD.,MCLEOD ROAD, BRANCH, LAHORE versus MESSRS LUCKY AUTOS AND RICKSHAW EXCHANGE,1-ROYAL PARK, MCLEOD ROAD, LAHORE
Banking Tribunals Ordinance 1984 Sections 2 and 6 Banking Companies (Recovery of Loans) (Amendment Ordinance (II of 1983), Sections 2, 4 and 5) Implemented a civil court-approved decree during the period between the date of issuance of banking companies. (Recovery of Loans) (Amendment) Ordinance (III of 1983) and 17 4 1988 ie the date of the Supreme Court's decision was passed in the Yasmin Nighat case (PLD 1988 SC 391), which resolved the absence of jurisdiction in the civil courts. GO - For recovery of bank loans worth Rs.100,000 or less? The bank held that the civil court had approved the decision before the Supreme Court decision. The court finalized the absence of appeal by the respondents, and thus the past and closed transactions. Was the role accepted? Justification? The decision and the decree presented by the civil court in personal judgment, had been finalized in the absence of challenge, past and closed transaction was unusual? Did the Special Banking Court overturn its jurisdiction over rejecting the bank's request for execution? ?? The Appellate Court accepted the appeal and set aside the disapproval order which, in turn, would result in the bank's request to be executed before the Banking Court, which would decide according to law.
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