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HAJI MUHAMMAD ASHIQ versus MUHAMMAD AJMAL QURESHI


Banking Companies (Debt, Progress, Credit and Recovery of Financial Issues) Ordinance 1997 Section 9 and 15 Panel Code (XLV of 1860); Section 420/468/471/109 Constitution of Pakistan (1973), Arts 185 (3) and 1991 Constitution Under the petition, the applicants (the quarantine) and the defendants (the lenders) before the High Court filed a petition against the respondents, seeking guarantees against the amount of loans imposed on the former party decree. Filed a criminal case for using your acquisition documents to obtain a loan and displaying them as collateral and on the delivery of bail bonds. The High Court was barred from granting bail to the petitioners until the recording of the record obtained by the criminal court after the legal hearing of such an order in the constitutional petitions filed by the respondents. It was announced that the applicants were guilty of the crime, the amount of bail bonds provided by them cannot be confiscated or used against them. Loan amount, which may be recovered by the bank in the process of execution. Individuals or any of the decision-makers rejected the petition and refused leave for appeal.

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