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CHAUDHRY SPRAY CENTRE THROUGH SOLE PROPRIETOR CH. SAIFULLAH versus ALLIED BANK OF PAKISTAN THROUGH ATTORNEY/ MANAGER

Banking Companies (Loans, Progress, Credit and Recovery of Financial Issues) Ordinance 1997 Section 10 Financial Institutions (Restoration of Financial Assistance) Ordinance (XLVI of 2001), Section 10 (12) Application for leave and submitting to financial institutions. Failure to file application should be defended (collection of finance) for leave to appear and defend under section 10 of the Ordinance, 2001 of the Bank Companies (Loans, Advancement, Credit and Recovery of Finance) Act 1997 A case was filed against the accused for collecting the bank loan. An order was filed to file the Financial Institutions (Financial Recovery) Ordinance 2001 and the defendants had not already filed a new application under the aforesaid law banking court, without considering the contents of the petition already filed by the defendants, The plaintiff's integrity banking court should have considered the contents of the earlier application and only after the court failed to comply with the provisions of section 10 (12) of the Financial Institutions (Recovery of Finance) Ordinance 2001 Could have dismissed the same decision and the order passed by the banking court was set aside and After the circumstances in the case, a remand for a new verdict was obtained top civil advocates from Swabi lawyer