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S.G. RAUF & CO., KARACHI versus UNITED BANK LTD.

Banking Companies (Recovery of Loans) Ordinance 1979 Section 25B [as amended by the Banking Companies (Amendment) Ordinance (III of 1994) and LXIV of 1994]] Banking Companies (Recovery of Loans) Ordinance (XIX of 1979) ), Section 8 (3) of the West Pakistan Land Revenue Act (XVII of 1967), Section 82 suits for the collection of debt as a residual amount of land revenue from the bank against the lending company. The suit finally settled the judgment for the debt recovery, the plaintiff contacted the Revenue Authorities for the recovery of unpaid land revenue and taxes as arrears of land revenue. Under section 82 of the Inland Revenue Act, 1967, the notice was issued to the borrower company, which ordered the company to pay bank deductibles and collection charges, the notice, which was decided entirely on the decision-making company. It was challenged, claiming that since the bank had not forwarded the money available to the borrower for agricultural purposes, it could not, therefore, have been recovered as arrears. The Land Revenue Detonate Company's decision was revoked in view of the fact that the Ordinance No. III and L of the Banking Companies Ordinance 1962 Access to HIV because of the modifications made in 1994, the loans given for agriculture, ordered by a court to any other amount. Decision holder bank, in favor of the banking company or the financial institution, can also be recovered as arrears of land revenue, thus the borrower was entitled to recover the arrears against the company. list of advocates from FR Bannu lawyer