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HAJI MUHAMMAD MIRZA versus MUSLIM COMMERCIAL BANK LIMITED


Sections 8 and 9, the debt suit filed by an unlawful person, filed this case in September 1997, when the loan was written in March, 1993, while the banking court granted the loan by the lender. The decision was taken in favor of the bank pledged. The case was beyond the prescribed time limit by law and the same case was filed by an unauthorized person. In the present case, it was filed by a person who was not legally authorized by him as provided under Section 8 (2) of the banking companies. Loans, advances, credit and financial matters) Act 1997, where the banking court did not examine the legal position of the bank in the case of a bank's claim and eligibility to file such a case without the authority of the board of directors. And it was approved by decree without any legal authority and they were set aside. Appeal was allowed in the circumstances

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