MRS. SHEHNAZ KHALID versus CITIBANK, N.A.
Section 18 (6) Financial Institution (Recovery of Finance) Ordinance, (XLVI of 2001), Section 19 (7) Debt collection order under the Car Finance Scheme was forcibly seized by Bank Court. Applicant was applied by the applicant for the return of the Banking Court to record on the basis that the car was sold in the dispute and the bank has settled the sale price as per his claim, a matter of accuracy Yes, the defective order was not a speaking order, the request could not be made by the appellant merely for recording. On the basis that the car was sold in the dispute and the sales amount was adjusted according to the banking court law, the appellant's request was bound to be decided, the High Court set aside the affected order.
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