Accused of being section 2 (a) (c), 20 (4) and 7 panel codes (XLV of 1860), section 489 f & 420 criminal code of conduct (v. 1898), sections 561A and 249A chief of executive. Terminating proceedings The lending company's company benefited from demand and cash finance against various securities, including mortgages for the unit / mill of the company and to fulfill its obligations and to adjust its outstanding liabilities. For this, he issued four post-dated checks, which were insulted. The bank then filed an FIR against the accused applicant under Section 489 F&420, the PPC Trial Magistrate and the Sessions Court for acquittal of the accused under Section 249A, CRPC under illegal orders. Was denied by the police nor was the trial determined. Accepting the FIR, the court returned to its jurisdiction and the challan case was run under the Financial Institutions (Recovery of Finance) Ordinance 2001, which was a complete rule. The transaction between the financial institution and the consumer, as defined by section 2 (a) and (c), while section 7 of the said ordinance provides for the banking court subsection (4) of section 20 of the same ordinance. Were. Treatment for a financial institution in which this check was issued dishonestly and is validated because there is insufficient balance in the Prodigo account of section 7 of the said ordinance, as per section 20 of the bank user Any crime involved will only be targeted. By filing a direct complaint through the above mandate, as described in Section 4 (h)
Related judgments — Karachi High Court Sindh, 2010
