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SHAKILA RIAZ versus JUDGE BANKING COURT

Sections 27, 4, 9 and 18 of the Banking Companies (Loans, Progress, Credit and Recovery of Finance) Act, 1997 (Pakistan), Article L99 Constitution Petition Order Implementation Order Auctioning auction of Debt Ownership The execution of the property through a given court auction was fixed at Rs 30 lakh, but at the request of the judicial lender, it was valued at Rs 80 lakh, when it was said that the property could not be sold at the reserve price. Banking court lowers reserve price by Rs 8 lakh Up to 60 max, on which the Court of Judges' Debtor did not find that the reserve price of Rs 60 lakh was too high, the same price was reduced from Rs 60 lakh to Rs 50 lakh, which was decided by constitutional petitioner. Of the thing. The banking court had no jurisdiction to review the earlier order. The order and order property reserve price reductions cannot be covered by the Banking Companies section 27 (Loans, advances, restitution of credit and finance) Act 1997 if no such harmful order by the Banking Court is returned. If not, the banking courts were set up soon. Dealing with bank recovery matters, did not work and the lender of the holding judge did not object to the withdrawal of the previous two orders, whereby the reserve price of Rs 30 lakh was changed to Rs 80 lakh. The main purpose of setting up banking courts to reduce the reserve price from 80 lakh to 60 million was to settle the cases related to the collection of bank dues at the earliest of the Banking Companies (Debt, Progress, Credit and Finance Recovery) Act, 1997 tax advocates from FR Bannu / Lakki lawyer