MUSLIM COMMERCIAL BANK LIMITED versus SH. ALTAF AHMAD
Banking Companies (Debt Recovery) Ordinance 1979 Sections 8 (3), 12 and 2 (F) [as amended by the Banking Companies (Recovery of Loans) (Amendment Ordinance (II of 1983)) Order issued by Civil Appeal for execution After the implementation of the Banking Companies (Recovery of Loans) Ordinance, 1983, the Special Judge of the Court, the Banking Court, dismissed the request for such execution, whose legal status was on the appeal of the Judge. Did not challenge such judgment and decree, which was a past and closed transaction. After the final verdict, the High Court accepted the appeal and set aside the disapproval order, consequently the application for execution by the order taker will be considered pending and the decision will be made according to law.
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