OFFICE REFERENCE NO. 259 OF 1974 ETC. versus OFFICE REFERENCE NO. 259 OF 1974 ETC.
Sections 6 (4), 13 (a) and 2 (f) [as amended by the Banking Companies (Debt Recovery) (Amendment Act (XVH of 1992)]] Banking Companies (Recovery of Loans) (Amendment) Ordinance ( II of 1983), the pre-jurisdiction of the Special Court (Banking) was extended to hear cases where the loan amount was not more than ten million rupees, as a result of such amendments, even if such jurisdiction Maintain where the loan amount is less than one million and are pending in the matter when the amendment took place when the Banking Companies (Recovery of Loans) Ordinance was pending in the High Court at the beginning of 1979. The hearing will be settled and the hearing will be decided and decided by the effect of the High Court amending Section 2 (f) .The Banking Companies (Debt Recovery) Ordinance, 1979, was that of the Banking Companies (Debt Recovery; Ordinance). , 1979) the High Court had cases but the banking companies (recovery of loans) (Amendment) Ordinance must now be transferred before the issuance of the 1983 Amendment Act 1983 and the implementation of Amendment Act XVII of 1992. Earlier, the High Court heard the cases related to the Special Court (Banking) which was moved to the High Court and before the implementation of Amendment Act XVII of 1992, Were not on the amount of debt that matters. More than ten million rupees will be transferred to the Special Court (Banking) where the loan amount will exceed Rs 10 million, these cases will continue to be prosecuted by the High Court [interpreting the constitution].
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