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ABID MAHMOOD MALIK versus STATION HOUSE OFFICER, POLICE STATION MARGALLA


Section 20 and 7 Panel Code (XLV of 1860), disclosure of termination of FIR under Check 489F issued to the financial institution for payment of Section 489F loan, PPC Petitioner filed against it on this basis. Demanded the termination of the FIR since the dispute was in the middle. A financial institution and a customer, therefore, the sole jurisdiction in the matter entrusted to the Banking Court under the Financial Institutions (Financial Recovery) Ordinance, 2001, especially the special enforcement of the Financial Institutions (Recovery of Financial Issues) Ordinance, 2001 Have had a tremendous impact on our lives. The common law, therefore, could not be prosecuted against the applicant under the provisions of the PPC and the only remedy available to the financial institution was to file a complaint directly under section 20 (1) (b) of the Ordinance. Had to summon the provisions of Under Section 948FF, PPC, the litigation against the applicant was a misuse of the court process and it was a financial institution without legal legal authority to restrain from taking advantage of section 489F, PPC The application against the FIR was dismissed, in the circumstances

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