The Financial Institutions (Recovery of Finances) Ordinance 2001 in PDF

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The Financial Institutions (Recovery of Finances) Ordinance 2001 in PDF as amended up to 13 August 2016.

Contents

  1. Short title extent and commencement,
  2. Definitions,
  3. Duty of customer,
  4. Ordinance to override other laws,
  5. Establishment of Banking Court,
  6. Resignation and removal of judges,
  7. Powers of Banking Courts,
  8. Suit for recovery of written of finances etc,
  9. Procedure of Banking Courts,
  10. Leave to defend,
  11. Interim Decree,
  12. Power to set aside decree,
  13. Disposal of suit,
  14. Decree in suits relating to mortgages,
  15. Sale of mortgages property,
  16. Attachment before judgement injunction and appointment of Receivers,
  17. Final Decree,
  18. Banking Documents,
  19. Execution of decree and sale with or without intervention of Banking Court,
  20. Provision relation certain offences,
  21. Application of fines and costs,
  22. Appeal,
  23. Restriction on transfer of assets & properties,
  24. Application of limitation (act 1908) Act ix of 1908,
  25. Power to make rules,
  26. Removal of difficulties,
  27. Finality of order,
  28. Indemnity,
  29. Repeal

The Financial Institutions (Recovery of Finances) Ordinance 2001 Download in PDF