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MIAN MUHAMMAD LATIF versus MUHAMMAD ASLAM NAGI, CHAIRMAN, BANKING TRIBUNAL, LAHORE


Constitution of Pakistan 1973 Article 99 Constitutional application The jurisdiction of the previous and closed transaction was granted in favor of the bank to the executive court suit to recover the bank loan and the borrower could not comply with this order. The bank suspended the banking court's order. The judgment was filed by M / s Chenab Cement Product (POT) Ltd and others by the Banking Tribunal, Lahore and others as PLD 1996 based on the judgment of LAH 672 on the basis of the judgment. The matter was considered by the Supreme Court. Star Polyester Ltd v City Bank reported as SCMR 410 of 2001 and the Supreme Court secured the approval of the Banking Courts before the creditors' decision and the agitators were punctual under the provisions of the banking laws. Appeals were not filed in effect, the High Court denied. The constitutional application for arbitration in favor of the applicant was dealt with accordingly

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