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MESSRS SIMNWA POLYPROPYLENE (PVT.) LTD. versus MESSRS NATIONAL BANK OF PAKISTAN


Banking Companies (Loans, Progress, Credit and Recovery of Financial Issues) Ordinance 1997 Section 9 Constitution of Pakistan (1973), Article 185 (3) Application for leave to defend debt limitation for collection of loans Respondent for Respondent The application for was made in three ways. Publication in the newspaper on 2 6 2000; the bankruptcy court dismissed the application for leave by admitting the dues paid on 1 6 2000 and by the court bail on 15 6 2000 before the appeal was dismissed by the High Court. Gone, the appeal was also dismissed was that for the purpose of counting the limitation period, the services imposed by the bailiff of the court should also be taken into account, not in other ways because the former was relatively more ly. In no way shall the service of the respondent, as set forth in Section 9 (3) of the Banking Companies (Loans, Advances, Credit and Finance) Act, 1997 For the purpose it was deemed legitimate that the latest pattern should be considered for counting this period. To the extent neither and to any extent, the decisions of the two courts not to allow any unlawful interference, were not allowed, proceeded to appeal was refused.

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