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INVESTMENT CORPORATION OF PAKISTAN versus JUDGE, BANKING COURT NO.1, MULTAN

Section 7 and 21 Financial Disputes (Tax Recovery) Ordinance, (XLVI of 2001), Section 7 and 22 Civil Procedure Code (v. 1908), Section 73 (1), Proviso (C) Constitution of Pakistan (1973), Article 199 Constitution Application Implementation Procedure By applying to the applicant on its default suit for efficient distribution of sales proceeds and obtaining debt between the scope petitioners and the respondent's credit facility to the respondents. Was filed against and the defendant applied for execution in the court of law so that the entire proceeds of the sale should be paid to him. Will The applicant filed for a ratable distribution of income between the two rulers. The Banking / Implementation Court allowed the respondent's request and excluded the applicants that the sale of the company's property on the joint application resulted in the acquisition of the property. Both the petitioners and when the assets were received in court, both of the processing requests under the provisions of section 7373 pending the waiver, the CPC's assets were obliged to be widely distributed between the two decree holders. That the petition should be filed for a smooth distribution before the receipt of the assets in the court was not a constitutional petition because the appeal was resolved under section 22 of the Financial Institutions (Recovery of Finance) Ordinance, 2001, which was 30 days. I was filed, appealed / changed to FAO and allowed immigration advocates contact from Kacha Khooh lawyer