MESSRS CHAUDHRY STEEL MILLS THROUGH MANAGING PARTNER versus MUSLIM COMMERCIAL BANK LIMITED THROUGH ATTORNEY
Section 12 Ex-Part Rule, Complaining Extending Expenditures on the Time of Settlement Complaint The complaint was that the Banking Court had fixed the ex parte decree passed in favor of the bank, which was Rs. 50,000 at the time of setting up. Submission was subject to. Apart from the previous order, there was considerable power under Section 12 of the Financial Institutions (Recovery of Finance) Ordinance, 2001; the banking court was justified in exercising its discretion in accordance with the law and was required to intervene. There was no error ordering the order. The banking court has already passed to file the expenditure, therefore, the High Court has given 10 days to collect the costs fixed by the banking court of appeal in exercising the jurisdiction of the appeal.
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