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ABDUL QADIR versus STATE BANK OF PAKISTAN


Ordinance of the Banking Companies 1962 Section 43 AA Petitioner acts as agent of the company and deals in the business of such company Such agent cannot be treated as representative of investor of such company if investor If the company claims, it can follow suit. Should be considered as a representative of the investors and the State Bank should be directed to file the investor's claims through it, which could not be approved when the State Bank had already appointed the recipient.

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