Legal Question in Banking Law in Pakistan
On complaint of a Bank, Investigating agency arrested culprits involved in a bank fraud of Rs.3,200,000/-. The Court decided the case and ordered 5 years imprisonment to the culprits. Please advise as to how bank can recover its amount from the fraudsters whether by filing recovery suit or any other legal course of action is required.
Asked on 11/25/12, 8:08 am
1 Answer from Attorneys
Related Questions & Answers
-
In a Court Order / Succession Certificate, the Court ordered the petitioner/widow of... Asked 11/19/12, 9:08 am in Pakistan Banking Law
-
Mr. A is a bank officer and he took loan of Rs.400,000/- from his friend Mr. B.... Asked 11/15/12, 10:16 am in Pakistan Banking Law
-
Bank a has extended finance to a minor for a sum.of rs 100000 against the guarantee... Asked 11/11/12, 6:22 am in Pakistan Banking Law
-
1A bank paid a cheque inadvertantly which was countermand and was duly acknowledge... Asked 11/11/12, 6:14 am in Pakistan Banking Law
-
What precautions a bank should take with regard to documents when participating in... Asked 11/08/12, 11:55 am in Pakistan Banking Law