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ALLIED BANK LIMITED THROUGH TARIQ MEHMOOD SHEIKH SAM AND MUJTABA GILLANI AVP-SAM versus SHAHABAD TEXTILES (PVT.) LTD.


Sections 5 and 29 (2) of the Financial Institutions (Recovery of Finance) Ordinance (XLVI of 2001), Appeal to the High Court for condolences for delay of 32 days in section 22 were approved on 24 Imp 2008 on the 13th copy of the decree. Was filed on 5 2008 and 23 5 2008, while the appeal was filed on 5 6 2008. The contents of the petition revealed that the appellant himself was not sure whether the appeal was timely. Whether or not the appellant knew the day the decree was passed and he could file. Within 30 days the appeal limit for existing entities was granted by the Financial Institutions (Finance Recovery) Ordinance 2001, therefore, pursuant to section 29 (2) of the Limitation Act, 1908, the provision of section 5 was hereby granted. Will not be appealed for which the appeal is time-barred

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