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RAJA LAL MIAN versus STATE BANK OF PAKISTAN

Section 2 (Sections 2 Protection of Economic Reforms Act (1992), Section 5 (4) and 10 State Bank of Pakistan Circular No. 17 of the Foreign Exchange (Provisional Sanctions) Act 1998). 2 7 Constitution of Pakistan (1973), Article l99 Constitution Maintenance Petitioner obtains financing from the bank against foreign currency accounts, the bank may raise the demand for settlement of outstanding dues, but its foreign currency accounts Could not proceed to reject. The applicant can withdraw his foreign currency from his account without defining the obligations of the bank, and not because of the restriction imposed by section 2 on such withdrawal. Foreign Exchange (Temporary Sanctions) Act, 1998, but it was attacked by security as e-finance, which was signed between the parties. The Bank is authorized to make such adjustments in the terms of the Agreement and the Security Documents may not, under the Economic Reforms Act 1992, protect, cancel or cancel foreign currency accounts available. No writ can be issued to the bank for violating the terms of the agreements or security documents between the parties as they were not performing any work in connection with the affairs of the Federation or the province. The constitutional request was dismissed in the circumstances. property advocate from Qazi Ahmed lawyer