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HABIB BANK LIMITED versus MEHMOOD SABRI BUSINESS CORPORATION


Banking Tribunals Ordinance 1984 Sections 6 and 9 Civil Procedure Code (V8 1908), O VI, R 17 Financial Institutions (Restoration of Finance) Ordinance (XLVI of 2001), grant suit to recover loan amount in section 9 suit An order was made against the defendants, but the third plaintiff was dismissed against the bank that all the defendants were jointly responsible for payment of the suit amount and for the modification of the bankruptcy tribunal affirming the plaintiff due to a clerical error in the plaintiff. It was prayed that the matter was not properly understood and the petitioner had details of such academic errors in the petition. The proposed amendment in respect of the various defendants, if allowed, would not change the nature and scope of the dispute, and it was also necessary for effective resolution of the entire dispute between the parties. Allowed to be amended, accepted an appeal, set aside an uncontested decision. The order of the third plaintiff and the remanded case shall be issued to the Banking Court, where the bank shall file the amended claimant and a notice, and such defendant shall be issued Section 9 of the Financial Institutions (Financial Resource Rehabilitation) Ordinance 2001 and After this the matter will be decided according to law.

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