RIZWAN ULLAH versus REGISTRAR/PRESIDENT, COOPERATIVE SOCIETIES, N.W.F.P., PESHAWAR
Article A 64A and Constitution 43 constitution of Pakistan (1973), retaining Article 199 Constitution Petition confirms termination / collapse of Provincial Cooperative Bank and appointment of Legislature by the Registrar / President of the Cooperative Societies of the Province. The poor financial condition of the bank shows that the bank has initiated an investigation under Section 43, Cooperative Society Act, 1925 in the constitution, the working of the Bank Inquiry Committee, the financial condition and the fact that the bank has to stand on its feet. Was not found economically sound and because of its poor financial condition due to heavy overhead costs and other liabilities The exhausting resources from which the bank's failure to recover the advance loans posed a serious threat to the bank's existence, it also provided a scope for liquidation, which was mainly due to the fact that it was largely funded by the bank. Loans offered were not processed in a transparent and professional manner, so the bank was based on the facts of the liquidation and was the Registrar / President of the full legal sanctuary, using the bank on the basis of the province's cooperative society inquiry report. And were fully qualified to place an order about the delivery of the materials available to him. In section AA Cooperative Society Act, 252525 of, after granting treatment to a person affected by the deportation order, the constitutional petition, which was otherwise victimized, was not upheld against the order of liquidation.
Find a Lawyer Near You
Dealing with a matter like this? Connect with a verified advocate in your city — free on SJP Lawyers Directory.
🔍 Find a Lawyer
law firms from Gujrat lawyer