Banking court

E-Paper | June 13, 2026

I HAVE observed that banking courts do not provide justice to loanees.

Loanees deposit all dues as per order in the banking court. However, it does not handover the original documents, including no dues certificate/no claim certificate and mortgage deed, to depositors or to the attorney of the defaulters/loan-payer.

The banking court should be bound to the banks of Pakistan. All records should be submitted in the court during the recovery process.

Many loanees have submitted request for extension of time, write-off of mark-up, etc. What action has been taken regarding these as per banking laws?

It should be remembered that all loanees are not educated in Pakistan.

All banking staff of the recovery department show their name, designation and office section. The mark-up/interest of loan is writ-off or waive-off.

The Supreme Court of Pakistan and the Banking Court of Pakistan are requested to handover all original documents to the depositor or attorney of the defaulter/defender of the case.

Muhammad Ahsan

Karachi

Published in Dawn, August 17th, 2017

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mehreen fatima gull advocate high court.

Aug 17, 2017 03:51pm

the banking courts are established to safeguard the interest of the bona fide party. firstly, as per the financial institution ( recovery of finances) ordinance, 2001 there is no provision to entertain a person other than a customer of the bank. secondly, the original documents regarding property i.e. movable or immovable belongs to original customer only and not to third party. thirdly, fro the sake of brevity it is pertinent to state that courts are of lenient view when the party provides a power of attorney on behalf of original customer, the court direct the bank to handover the original documents to the third party. (in some case) not as a general practice.

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