Sections 10, 9 and 4 Procedures of Banking Courts Decision of Banking Conflicts Duties of Customers and Financial Institutions Not Complying with the Requirements of Sections 10 and 9 of the Financial Institutions (Maintenance of Financing) Ordinance, 2001 Effective Plaintiffs and Defense Consumer Financial Sections 9 (3) and 10 (4) of the Companies (Recovery of Finance) Ordinance 2001 have legal obligations and financial support, clearly and exclusively from the respondent, payments made by the defendant, And its dates, and the amount of refundable finance owed by the defendant, which explains the disputed amount by him The monk with the responsibility, the duty to provide accurate answers to customer bank accounting and the defense under section 10 (3) and 10. )) The ordinance, essentially requesting and responding to the leave defense petition, had a case in common with the plaintiffs' bankruptcy suit, as well as the facts and the money disputed by the defendant. Which were regularly kept in the books of accounts under accounting principles in accordance with the prescribed rules / regulations, rules, and banking practices. It explained the option of making general claims on the parties' accounts, the Financial Institutions (Finance Recovery) Ordinance, 2001 binding both parties to be exclusive of accounts and to request the parties to be equally and to their respective accounts. Specially obligated to state. Sections 10 and 9 of the Ordinance require strict compliance and non-compliance, as well as the result of the dismissal of the leave application for defense with the order.
Related judgments — Karachi High Court Sindh, 2014
