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MIAN ABDUL KHALIQ versus MANAGER, SMALL BUSINESS FINANCE CORPORATION


Article 9 Constitution of Pakistan (1973), Article 199 Constitution Maintaining Effective and Proper Procurement Debt Receipt Rebah (interest) Past and closed transaction The applicant obtained the loan from the financial institution and the same financial institution issued the demand notice. Recovery in which the applicant had raised that Rima (interest) could not be accused of being non-Islamic in the notice of demand, the applicant further claimed that the financial institution did not provide the statement of accounts because it had paid the original amount. Had already paid. The interest / riba was non-Islamic and the deal could not be reopened yet. The applicant was a "client", therefore, he could file a case for redress of his alleged complaint before the Banking Court under Section 9 (Loan Recovery) of Financial Institutions. ) The Ordinance, 2001, was such effective and appropriate procurement was available to the applicant company. The illegal application was imposed by Article 199 (l) of the Constitution, therefore, it was not enforceable. He was directed to appear before the manager of the company and the manager was directed to facilitate installments and provide benefits / incentives. The applicant was dealt with and sought to obtain the concessions or schemes issued by the financial institutions.

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