Banking Companies Ordinance 1962

Section 43 : Certain provisions of the Ordinance not to apply to certain banking companies   2007  CLD  1481   SUPREME-COURT SAMAD DEVELOPMENT CORPORATION VS MUHAMMAD SHAFI PETAL —-S. 43(F)—Civil Procedure Code (V of 1908), O.XXI, R. 58—Constitution of Pakistan (1973), Art. 185— Appeal to Supreme Court—Appellant had challenged the judgment passed by the High Court, […]

Section 41A : Power of the State Bank to remove directors or other managerial persons from office   2004  CLD  1680   LAHORE-HIGH-COURT-LAHORE M.D. TAHIR, ADVOCATE VS DIRECTOR, STATE BANK OF PAKISTAN, LAHORE —Ss.33, 33-A [as added by Banking Companies (Amendment) Act (XIV of 1997)], 41(1) & 41-A—State Bank of Pakistan Circular No.22, dated 30-6-2003–State Bank

Section 41 : Power of the State Bank to give directions   2023  PLC(CS)  1111   LAHORE-HIGH-COURT-LAHORE UNITED BANK LIMITED VS MUHAMMAD USMAN ARSHAD S.41—Constitution of Pakistan, Art. 199—Law Reforms Ordinance (XII of 1972), S.3—Intra Court Appeal—Private bank—Terms and conditions of service—Constitutional jurisdiction of High Court—Scope—Appellant / bank was aggrieved of direction to decide departmental representation

Section 27 : Licensing of banking companies   2021  PLC  209   ISLAMABAD ZARAI TARAQIATI BANK LIMITED VS FULL BENCH NATIONAL INDUSTRIAL RELATIONS COMMISSION, ISLAMABAD Regln. 2(4)—Industrial Relations Act (X of 2012), Ss.2(xxxiii) & 33—Banking Companies Ordinance (LVII of 1962), S.27(B)—Absence from duty for couple of days—Major penalty—Termination from service—Misconduct—Scope—Plea of the petitioner/bank was that the

Section 23 : Restriction on the nature of subsidiary companies   2005  SCMR  318   SUPREME-COURT ADAMJEE INSURANCE COMPANY LIMITED VS MUSLIM COMMERCIAL BANK LIMITED –S. 178—Banking Companies Ordinance (LVII of 1962) S.23–­Insurance Ordinance (XXXIX of 2000), S.67—Specific Relief Act (I of 1877), Ss.42 & 54—Civil Procedure Code (V of 1908), O.XXXIX, Rr.l & 2—Constitution of