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NATIONAL BANK OF PAKISTAN THROUGH MANAGER versus MESSRS FOOTCARE (PVT.) LIMITED THROUGH CHIEF EXECUTIVE


Section 3 Banking Companies (Debt, Progress, Credit and Recovery of Financial Issues) Act (XV of 1997), Section 9 Bank Debt Recovery Did Not Agree To Finance Agreement But Bank Markup And Denial Of Bank Fund Expenditure given. The provision of funds in the Financial Institutions (Recovery of Finance) Ordinance 2001 will not have a precedent effect on the suit established before the law repealing Ordinance 2001. Show whether the mark was signed under an agreement or agreement between the parties. If there was no contract for the markup allegation, the bank was not entitled to claim that the same banking court had marked the bank. Up claim was rightly rejected and no illegal movement was made which was dismissed on appeal by the banking court's decision.

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