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SHAMIL BANK OF BAHRAIN E.C. versus MIAN AYAZ ANWAR


Sections 2 (a) (i), 9, 3 and 22 of the Ordinance of Banking Companies (LVII of 1962), Sections 5 (b), 5 (c), 5 (ff) and 7 Civil Procedure Code (v. 1908), O. VIII, Definition of Scope Suit for Recovery Filed by R10 Banking Company Financial Institution, Foreign Banking Company, which was not taken out of the State Bank of Pakistan suit, has been filed in connection with the case in Medina Bank The retainer's suit filed in connection with the recovery of the plaintiff's bank was dismissed. 10, CPC on the ground that the plaintiff's bank did not fall under the definition of financial institution under section 9 of the Financial Institutions (Recovery of Finance) Ordinance 2001, thereafter, the plaintiff was a banking company based outside Pakistan. A foreign banking company which was not registered with the State Bank of Pakistan could not do banking business in Pakistan and hence did not file a case for recovery under section 9 of the Financial Institutions (Recovery of Finance) Ordinance 2001. And she was not a FINA financial institution (financial recovery) under the Ordinance 2001, national institutions, financial institutions ( Recovery of Finance) Under Section 3 of the Ordinance 2001, the State Bank of Pakistan confirmed the cost of the funds of the banking companies which were to be issued in a decree. The banking court approved, and the word will be used in the aforesaid section, indicating that the definition of financial institution, given in section 2 (a) (i) of the financing, without regard to the cost of the funds. (Recovery) could not be approved. Finance) Ordinance, 2001, clarifies that in this case the transaction can be filed for a banking company. In A.

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