EQUITY PARTICIPATION FUND THROUGH REGIONAL OFFICE versus PAKISTAN WIRE PRODUCTS (PVT.) LTD.
Appeals under Sections 4, 6 and 9 of the Banking Tribunals Ordinance 1984 were adopted on 12 12 1995, under which the banking tribunal accreditation manual and the appointment of the banking tribunal were reported as PLD 1996 LA 672. I was dismissed by a full bench of the Lahore High Court. The effect of the observations made in the Full Bench decision on past and closed cases, was filed by another Lahore High Court fil Bench reported as PLD 759 of 2002, which stated that where the Banking Tribunal Approved decrees were challenged by first filing an appeal. Such orders cannot be said in relation to past and closed deals, in the present case there is no jurisdiction of the Banking Tribunal and the order presented by being a quorum non-judge cannot be retained, the High Court accepted the appeal. And rejected the impugned order, which would result in a lawsuit. Be pending before the competent banking court and action will be taken in accordance with law
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