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IZHAR ALAM FAROOQI versus SHEIKH ABDUL SATTAR LASI


Sections 2 (b) and 15 (4) (6) auction the mortgage of the mortgaged property by the bank, auctioning more than fifty million borrower's borrower / borrower with no interference by the Bank of the Bank Request for grant of possession of auctioned property to auction buyers The jurisdiction of the Banking Court to decide such an application is in any case under Section 15 (6) of the Scope Banking Court Financial Institutions (Financial Recovery) Ordinance 2001 Cannot seek beyond the scope of the jurisdiction suggested under section 2 (b) of the Act.

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