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BARKHURDAR versus AGRICULTRAL DEVELOPMENT BANK OF PAKISTAN


Sections 11, 9 and 6 of the Financial Institution (Restoration of Finance) Ordinance (XLVI of 2001), Section 12 Appeal was approved by a bank tribunal judge's loan against a former party decree bank lender, regarding the aforementioned ex parte decree. Upon obtaining the information, the Banking Tribunal Council for the Bank, dismissing it, addressed the arguments at length before the High Court, appealing that they have any objection to accepting the appeal and being on remand. do not have. The decision was also accepted by the banking tribunal by the banking tribunal; the High Court, in the circumstances, accepted the appeal, and set aside the order of the banking tribunal without any order which resulted in the expenditure. No results. Filed by debtor, to keep the previous order separate. The bank's lawsuit against the lender will be considered pending before the newly constituted banking court under the Financial Institutions (Financial Recovery) Ordinance, 2001, forcing the debtor to apply for leave to defend the case. The duration of the day was allowed, as provided under Section 12, Financial Institutions (Finance) Ordinance, 2001, and the Banking Court was instructed, for the first time, that the decision on the said application be two months. In the period if, however, no such petition was filed. Debt over a fixed period, the law will take its course

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