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LAHORE BEVERAGE COMPANY (PVT.) LIMITED THROUGH CHIEF EXECUTIVE versus MUHAMMAD JAVED SHAFI


A. VII, R 11 (d) Financial Institutions (Recovery of Finance) Ordinance (XLVI of 2001), Sections 7 (4) and 15 (11) of the Special Relief Act (I of 1877), Sections 12 and 54 of the Sales Agreement. The issue of legal status pertaining to a bankruptcy settlement with the bank for want of specific performance and permanent authority is a property mortgage with the jurisdiction of the Bank Court on the matter which is the section of the financial institutions to hear the matter. 7 (4). The Recovery of Financial Issues (Ordinance, 2001) is a special law that, when enforced, will prevail over the common law when a bank-issued decree against the applicant is implemented, a mortgage property dispute. Will be exclusively run by the banking cowl and will have the jurisdiction of the civil court. Such a context was banned

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