MESSRS RAVI ASSOCIATE (PRIVATE) LIMITED THROUGH DIRECTOR versus INDUSTRIAL DEVELOPMENT BANK OF PAKISTAN THROUGH SENIOR VICE-PRESIDENT
Section 9 and 10 Bankers Book Acquisition Act (XVIII of 1891), Section 2 Bank Loan Suit Retired Certificate Retired Certificate Leave Claim Defendant's Defendant's Case Defendant's Claim The application was dismissed by the Banking Court and the case was ordered that the plea was raised by the defendants that the plaintiff was filed by someone who had no authority in this regard and on behalf of the bank. No statement of account was filed, even after checking the record, no evidence was found. The authority in favor of the person through whom the lawsuit was filed and the lawyer engaged to represent the bank, such matters were not accepted by the banking court in the judgment passed against the defendants, the banking court Had mistreated the recovery certificate as the account statement. Although it was not qualified as an account statement, if at all, the Recovery Certificate had not been qualified, it was not certified according to the provisions of the Bankers Book Aviation Act, 1891, and approved by the Banking Court. The injunction was set aside and the banking court's appeal was allowed before the defendants were considered for leave and the application for defense of the case was considered pending.
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