Law: Financial Institutions (Recovery of Finances) Ordinance, 2001

Section: -Ss. 9 and 10--Civil Procedure Code, (V of 1908), S. 96--Petition for leave to defend

Financial Institution (Recovery of Finance) Ordinance, 2001 (LXVI of 2001)--

----Ss. 9 and 10--Civil Procedure Code, (V of 1908), S. 96--Petition for leave to defend--Dismissed--Challenge to--Matter was remanded--Direction to--The reasoning advanced by trial Court while rejecting petition was that though appellants alleged that they had made some payments, but they had not attached any receipt of payment with petition for leave to defend--Appellants had annexed some documents of payment--Remand case back to trial Court with direction to grant one more opportunity to appellants for addressing arguments on petition for leave to defend and then to decide petition for leave to defend--Petition disposed of.

                                                                                 [Para 3 & 4] A &B