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NATIONAL DEVELOPMENT LEASING CORPORATION LTD. versus MESSRS SUNSHINE CLOTH LIMITED

Section 19 Banking Companies (Debt, Progress, Credit and Recovery of Financial Issues) Act (XV of 1997), Section 18 Limitation Act (IX of 1908), Article 181 Civil Procedure Code (VV 1908), Section 48 and O XXI, Rr. 10 and 11 Implementation Decree Limitation The decree was passed by the Banking Court on 3 2 1998 and the first application for execution of the decree was filed in the year. An application (written or oral) was required to comply with the order under the provisions of The Limitation Act, 1908, would apply to it and there was no escape from the fact that such an application would be banned under Article 181 of the Limitation Act, 1908, the first application for execution for three years by the holder of the order. 2 2 could have been filed through or before 2001, i.e. within three years of this decree and the right of the petitioner to file such application was terminated during the currency of the Ordinance 1979 of the Banking Companies (Recovery of Loans). Before the cancellation of the financial institutions (restoration of financial compensation) Ordinance, 2001, 30 8 2001 was created in favor of the judgment debtor And there was nothing in the Financial Institutions (Recovery of Finance) Ordinance, 2001, which could have put pressure on the service to extend the deadline. The ban on the hanging petition filed by the bank was banned female advocates from Sanghi lawyer