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PARAS OIL INDUSTRIES versus MUSLIM COMMERCIAL BANK LIMITED


The scope suit for retrieving the former Part Documentary / Summons for separation of the trial banking service process for Sections 9 (5) and 12 Recovery was declared by the defendant against the defendants. The service was not affected by these terms. The review of Section 9 (5) of the Financial Institutions (Recovery of Finance) Ordinance, 2001, with the approval of the Banking Court order and the reports on the envelope and summons registered, revealed that the defendant was not staying at the address given, This kind of action is possible through the summons. Courier service representative's counter-notification was not submitted, stating clearly that defendant was not staying at this address. The announcement in the newspapers also revealed the address where the defendants did not reside. That he was not resident at the address, and in such plea, said for the first time that the request was received in the order of information so that the previous party order could not be set aside, it should be summarized by the banking court and the matters. By presenting and providing the defendants with an opportunity to prove their right to vote, which involved a factual dispute, an unknown order was postponed, and a remand for the matter was obtained. The Banking Court was instructed to decide on the application to keep the ex parte decree, as per the law permitting the appeal.

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