MUMTAZ AKHTAR RANA versus INSPECTOR-GENERAL OF POLICE
Section 9F9F Financial Institutions (Finance) Ordinance (XLVI of 2001) Section 2 (a) Constitution of Pakistan, Article 199 Constitution Petition / Financial Institution / NGO of Scope Petitioner obtained loan from Punjab Health Foundation, and its Later, a check issued by the applicant on his dishonor, order was filed under Section 99FF against the applicant for registration of the FIR, though in accordance with the provision of Punjab Health Foundation financial institutions. Financial institution ". Ordinance 2001, but being an authorized organization to extend loans, can be equated to the financial institution's sanctions, section 489F of the Code of Conduct, where mortgages are guaranteed, guaranteed and secured by loans. was done. In the case of ownership, mortgage, pledge, assumption or other purchase on the property of the property and financial institutions, in the present case, the amount of money that the applicant has taken in good faith under any loan issued by the defendant. Recovery, in this case, was achieved through a mortgage process and, in the case of default by the applicant, the recovery method was provided in the agreement between the parties, whereby the respondents / lenders Loan payments to the lender as well as the sale of mortgaged property and the receipt of dues Could issue notice of the fact that, in the presence of the said agreement, the defendant was not able to resort to the provisions of section 489F of the Code of Conduct, the order of 1860 for the filing of an FIR against the applicant was set aside. That was, the constitutional application was allowed
Related judgments — Lahore High Court Lahore, 2015
