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KHAIRPUR TEXTILE MILLS LTD. versus NATIONAL BANK OF PAKISTAN

Financial Institutions (Financial Recovery) Ordinance 2001 Sections 7 (1) (a) (2) (4), 10 (1), 17 and 27 of the Banking Companies (Recovery of Loans, Progress, Credit and Financial Affairs) Act (1997) XV), Sections 7 (1) (A) (2) (4), 15 and 27 Banking Tribunals (Debt Recovery) Ordinance (XIX of 1979), Section 11 Banking Tribunals Ordinance (LVIII of 1984), Sections 5 and 10 Civil Procedure Code (V8 1908), Sections 12 (2), 114 and O XLVII, R1 apply the provisions of Sections 12 (2) and 114, CPC, to such proceedings under banking law. Scope associated with banking court orders and decisions. Sections 114 and 12 (2), except for the jurisdiction of the Banking Court under the CPC, were the only court supreme, the Banking Court itself, the Financial Institutions (Finance Recovery) Section 27 of the Ordinance 2001, Section 27 of the Banking Companies (Loans) Recovery, Advancement, Credits and Finance (Act 1997, Section 11 of the Banking Companies (Recovery of Loans) Ordinance 1979 of the Banking Tribunals Ordinance, 1984, thereby, Sections 12 (2) and 114, 2) C, PCC banking laws do not have the effect of terminating the provisions applicable to the procedures arising out of the clause. In appropriate cases such action and applicable under such provisions shall be applicable best law firms from Khuiratta lawyer