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INDUSTRIAL DEVELOPMENT BANK OF PAKISTAN versus MESSRS MUHAMMAD SHAFIQ TANNERIES (PVT.) LIMITED


The Sections 10 and 21 Financial Institutions (Recovery of Finance) Ordinance, (XLVI of 2001), sections 10 and 22, while treating the Appellant Bank's request for defense as a restriction, said that the notice was received On 15 5 1997 was answered. The show was filed on 5-6 1997, so the application was within limits, the accuracy record showed a copy of the notice issued on 5 5 1997 for 20 5 1997, which certified the bank official bank official's date and effective. Party certification required 15 1997 1997. The court erred in giving the defendants notice of the wrongdoing on 5-5 1997 and the appropriate opportunity to defend the appellant bank was not provided. The banking court did wrong in rejecting the bank's request. The High Court observed that every court Was required to use his mind before passing an order or decision despite the fact that no one appeared to oppose the order or the person who wanted to oppose it. Was not allowed because he failed to meet the requirements of the law and accordingly the appeal was accepted.

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