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BANK OF PUNJAB versus INTERNATIONAL CERAMICS LTD.


Article 199 Financial Institutions (Recovery of Finance) Ordinance (XLVI of 2001), Sections 10, 22 and 13 To defend the constitutional application restitution leave, reject the application for a constitutional application against a banking court order or leave the application In order to allow the application for rehabilitation, the Financial Institutions (Recovery of Finance) Ordinance 2001 considered the rulings on the matters relating to financial institutions such that the intention can be seen in Section 13 of the Ordinance. Where the defense was granted leave in this case, the matter has to be dealt with. Therefore, Article 22 of the Ordinance, within a period of ninety days, prevented the appeal, review, or revision of the leave order so that the application for leave defense after the cases were decided as soon as possible. In such a situation, filing a constitutional petition against giving an order or deferring leave for defense will defeat the purpose of the Financials ial Institutions (Recovery of Finance) Ordinance, 2001 The High Court held that the general rule was The Constitution Petitioner will not lie against the order of defense for leave or rejection and observed that the Constitution petition was maintained in extraordinary circumstances Where the applicant can apply. In an unlawful order it was expressly unlawful, as the banking court did not follow the express mandate of the law or that the banking court exercised its powers beyond its jurisdiction, thereby preventing the court from pursuing justice. Maintain constitutional constitutional petition. In such cases

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