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MUHAMMAD AKHTAR versus AGRICULTURAL DEVELOPMENT BANK OF PAKISTAN

Section 12 and 11 Banking Companies (Debt, Progress, Credit and Recovery of Financial Issues) Act (XV of 1997), Section 18 and 22 Financial Institutions (XLVI of 2001), Section 19 and 24 Limitation Act ( IX (1908), the implementation of the decree passed on 1 12 1994 under Article 181 Banking Tribunals Ordinance, 1984, the applicants applying for a limitation application by 17 5 2000 that the provisions of the Banking Companies (Loans) Recovery of progress credit and financing)) There is no significant effect under section 22 of the said Act, 1997, for filing an application for execution of this decree A new period of restriction ceased to be available, which was was not entered before the first three years and imposed a ban on the decree of the question. For the purpose of timely accuracy, the protection of their rights and the protection of their interests, which, under the Ordinance of the Banking Companies, 1984, had an unlimited period of time to initiate and follow their cases, but the banking companies May be affected by section 22 (2) of the Act (Recovery of Debt, Progress, Credit and Financial Issues) Act, 1997, if there is no proviso, matters would also be included with such legal consequences. The Ordinance of the Banking Companies, 1984, was termed a past transaction and was considered by law fiction as the latest cause of action in their favor for the purpose of the Limitation Act, the 1908 Bank case. Was indirectly included in the legality. Section 22 (2) of the Banking Companies (Loans, Progress, Credit and Finance) Act 1997, and a new period of limitation, namely Article 181, Limitation Act 1908 immigration advocates email from Mangowal lawyer