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STATE BANK OF PAKISTAN versus KARACHI PORT AND DOCK WORKERS WELFARE FUND

Ordinance of the Banking Companies 1962 Section 55 Determination of the value of such assets The value of the bank assets is determined by the State Bank of Pakistan / Applicant for a particular amount, followed by the State Bank lowering the value of these assets. The court directed the State Bank to make further adjustments to the legal balance of government factors. There is no material available on record to indicate that the sale / purchase price of securities in the market has declined, as the above was not an actual sale or purchase. Prior to the actual purchase of the securities, no securities nor any new pricing was sought for contact with the State Bank that the value of the said securities had been reduced, and if so, the order approved by the court. Was appropriate and appropriate on the basis that no interference was sought. registration advocate from Makli lawyer