The default criminal complaint in the payment of Sections 20 and 9 of the Financial Complaint shall be the financial institution imposed under the Financial Assistance (Financial Rehabilitation) Ordinance 2001 against any person who made dishonesty. Had infringed. Protective Documents to Benefit And damaged the financial institution. Or who has misidentified or misrepresented any liability. Or representation of a financial institution on the basis of which the financial institution was financed. There is no emergency reduction available in the Section 20 of the Financial Institutions (Recovery of Finance) Ordinance, 2001; criminal complaints were preferred by the bank against the 2001 respondents; they were misunderstood. The unconstitutional order, which was passed by the banking court in a criminal case, was mere and not necessary and necessary to intervene by the High Court. The appropriate action which was available to the bank was the financial institutions (restoration of financing). The ordinance was under Section 9 of 2001, which provides for bankruptcy against a person who has filed a bankruptcy suit. Already paid / defaulted on Z's payment
Related judgments — Karachi High Court Sindh, 2011