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GULF COMMERCIAL BANK LIMITED versus SERENA TEXTILES (PRIVATE) LIMITED


Article (()) Civil Code of Conduct (v. 1908), Article 24 The jurisdiction of the High Court under Section 24, the jurisdiction of the High Court, cannot be equated with the transfer of a case under the CPC law. The case goes on. In view of Section 7 (6) of the Financial Institutions (Recovery) Ordinance 2001, it cannot be maintained on the basis that the Financial Institutions (Recovery of Financial Assistance) Ordinance 2001 has the High Court jurisdiction. Has been done , Will not deprive the High Court of its authority to proceed on the issue below the lower limit of the High Court.

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