MUHAMMAD IQBAL versus STATION HOUSE OFFICER, POLICE STATION HAJIPURA, SIALKOT
The applicant accused of abolishing Section 489F Financial Institution (Financial Restoration) Ordinance (XLVI of 2001), Section 7 Constitution of Pakistan (1973), Article 199 Constitution Petition, filed a loan of Rs. But he was unable to submit four monthly installments to the business due to the downturn and a guaranteed check of Rs.5 lakh was offered on the bank's demand, which was not for immediate payment. Under section 489, the present case was filed against the applicant for dishonor. Under the F, PPC, Financial Institutions Illegal FIR Targets and Objects (Recovery of Finance) Ordinance, 2001, and Section 489F, PPC being completely different, among the parties. No one can be merged or confused with one another. The Financial Institution (Recovery of Finance) Ordinance, 2001, was a complete code of conduct for the banking courts, which was specially constituted for the said ordinance, the collection of loans from creditors and the provisions of section 7 of the said ordinance banks or their administration. For the purpose of dealing with any commission of the crime under section 489 F, the PPC was prevented from taking advantage of the proceedings. Complaint against applicants for dishonesty of any check issued by the lender, who had benefited from any financial facility, a serious action by the complaining bank against the applicants registering the present case by its manager. Because it can be used by the banking court to benefit from it. Financial Institutions (Recovery of Finance) Ordinance, 2001, Section 489F, p
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