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MALIK TARIQ MEHMOOD versus ASKARI LEASING LTD.


Sections 20, 7 and 2 (c) of the Conduct Rule (XLV of 1860), Section 489F Constitution of Pakistan (1973), Article 199 Constitution Application Objection and Reasons for Enforcement of Financial Institutions (Tax Recovery) Ordinance, 2001 and the Conduct Rule 1860 was. In connection with the leasing of the vehicle, the leasing company was dishonored by various checks issued by the user. The leasing company filed an FIR against the customer. Acquisition of Financial Vehicles (Maintenance of Financial Transactions) As per Section 2 (c) of the Ordinance, the legalized lease of a vehicle is a consumer. 2001, and the issue of lenders clearly falls within the scope of the scope of the Ordinance of Financial Institutions (Recovery of Finance) Ordinance, Section 7 of 2001, Financial Institutions (Financial Assistance) Ordinance, criminalizing the Banking Court The jurisdiction was granted. A complaint may be lodged by the relevant banking court under the ordinance, against which the appeal was granted before the High Court FIR against the consumer under Section 489F, PPC. Allowing was just a waste of time and abuse of the law. The court allowed the constitutional application of the consumer and directed the police not to take the law into their hands in matters falling under the principles of the Financial Institutions (Recovery of Finance) Ordinance 2001.

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