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WARIS STEEL MILLS versus SILK BANK LIMITED


Sections 9 (5) and 12 General Clauses Act (X of 1897) Section 27 Civil Procedure Code (V8 1908) A XXI, R 21 and O IX, R 13 Notice of Banking Court Service Effective Service of Notices on Defendants of Financial Institutions A case was filed for rehabilitation of the objects and scope of Section 9 (5) of the Finance Ordinance, 2001 when the defendants failed to appear and filed for leave for defense before the Banking Court. It was decided that there were no notices. Served defendants in any of the ways provided under the law held under section 9 (5) of the Financial Institutions (Recovery of Finance) Ordinance 2001. The banking court was required to issue notice to the defendants in all manner provided in section 9 (5) of the Ordinance. And the service, which would be effective in any way, would be considered a suitable service. In the present case, the appellants were affected by the publication of the two newspapers and the effective service through the publication of the notices in the newspaper was a legislative service. ? The Financial Institution (Recovery of Finance) Ordinance, 2001, went a step further by enacting Section 9 (5) of the Ordinance to ensure that service to the borrower initially takes effect. So as not to delay the disposal of the accused in the present period. In the case, an attempt was also made to hide with the court bailiff and a notice was sent to the defendants through the registered post, which was also effective under section 27 of the General Clause Act, 1897, that an unknown order could not be interfered with. Is. With the appeal, in the circumstances

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