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MASROOR AHMED ANSARI versus MESSRS PAKISTAN EXPORT FINANCE GUARANTEE AGENCY (PEFGS)


Sections 2 (a) (c) and (d) and 15 financial institutions Customer Defendant, a public limited company, provided a shipment export finance guarantee (which was its business) to the claimant for which the claimant failed to pay back. The defendant was guaranteed. The plaintiff did not claim that the plaintiff did not authorize the company to operate such business and that he was not a customer and was an Export Finance Guarantee Agency. No `financial institution 'held under section 2 (a) (iii), as defined in the Financial Institutions (Recovery of Finance) Ordinance, 2001, the financial institution (restitution of the Financial Ordinance, 2001, to any company in the financial institution) To be included under the law. On any such business, such as the Federal Government, by notification in the Official Gazette, shall specify the provision of section 2 (d) (iii) of the said ordinance. To facilitate the payments, letters or any other financial engagement that a financial institution may provide to the client with financial responsibility to the client In the circumstances, the `` Financial Institution (Financial Recovery) Ordinance 2001 'means the financial institution and the client is the customer.

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