MESSRS HOTEL KASHMIR PALACE (PVT.) LIMITED THROUGH MAJOR (RETD.) JAVED-UL-HASSAN versus MESSRS FIRST ELITE CAPITAL MODARABA
Moderba Companies and Moderba (Flotation and Control) Ordinance 1980 Section 30 Banking Companies (Debt, Progress, Credit and Financial Affairs Rehabilitation) Act (XV of 1997), Section 10 Recovery of Advisory Facilities and to defend this case The financial institution acknowledged that the entire original amount was paid by the lender and another Rs 1 lakh was deposited by the lender in the dispute that the banking court did not take into account the agreements between the parties. Under which the financial institution was to operate. Taking part in the business loss was a sufficient question to resolve the debtor's legitimate dispute through a banking court, which defended the case with a condition of depositing Rs. 3 million within a month of the approval of the order. Allowed to do In case of failure of deposit, leave order will be returned, appeal was allowed accordingly.
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