HIGH NOON TEXTILE LTD THROUGH AUTHORIZED ATTORNEY versus SAUDI PAK INDUSTRIAL AND AGRICULTURAL INVESTMENT CO. (PVT.) LTD. THROUGH AUTHORIZED ATTORNEY
Sections 5 and 7 Civil Procedure Code (v. 1908), Section 20 Constitution of Pakistan (1973), Article 199 Constitutional Jurisdiction of Banking Court Agreement Jurisdiction Effect Defendants have appealed to the Banking Court jurisdiction on this request. That was created by agreements / documents. The financial institution was agreed that the banking court would have exclusive jurisdiction over the place, the exclusive jurisdiction was for the benefit of the financial institution rather than the defendants and if the financial institution had abandoned the choice of a special forum and Sets the case on its own. L, the defendants cannot make any complaint on such matter, especially in the case when approval advice for restructuring was issued at this place, additional contracts under L were implemented, the principal. The borrower, including the borrower, also resided on the L, and the principal borrower was also no objection to the territorial jurisdiction of banking. Was to set up a case where the latter usually lived and governed the forum. He also refused to interfere with the jurisdiction of the banking court. El Petition was dismissed on the spot
Related judgments — Lahore High Court Lahore, 2010
