GUL HASAN & CO. versus ALLIED BANK OF PAKISTAN
Banking Companies (Recovery of Loans) Ordinance 1979 Sections 12 (5) and 2 have already been submitted by the defendant to obtain a loan from the Security Bank, whether for the purpose of entering into the claimant while applying for the security. Understand: Offer security is already offered x 12 (5), the time to obtain a loan through the Banking Companies (Recovery of Loans) Ordinance, 1979 and can prove that its value at the time of its offering It was enough to meet the amount of money so the court can accept the satisfaction. For the purposes of Section 12 (5), Banking Companies (Recovery of Loans) Ordinance, 1979, the same security was largely ignored by the High Court even though the defendants had filed an application to the bank regarding the security. Be taken as security for the purposes of The Appellate High Court should have provided the defendant with an opportunity to convince the bank that the security already provided to the bank was sufficient to meet the decree, unless it was transferred to the High Court, Section 12 (5). ) Was not considered to justify exclusion, the judgment of the Banking Companies (Debt Recovery) Ordinance, 1979 and the orders of the courts below were set aside and a special court was directed to move the matter. ? An authorized jurisdiction, which shall commence proceedings from the due date when amending the section 2, Banking Companies (Recovery of Loans) Ordinance 1979.
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