Discussed Laws: The Financial Institutions (Recovery of Finances) Ordinance 2001, S.9(Procedure of Banking Courts), S.22(Appeal).
The Honourable Court noted in the case, Abdul Haq Khan and another —Appellants Versus Bank Of Punjab and another—Respondents (R.F.A No. 11 of 2022 ) Lahore (Bahawalpur Bench), has stated in para 12 that: — Bank failed to produce any document showing that Mr. Salman Saeed who instituted the suit and verified the plaint, had any such authority or power as required under section 9 of the ordinance.—
In conclusion, Appeal was allowed and the suit of the respondent bank was dismissed.