Legal Question in Banking Law in Pakistan

A customer has been provided a finance against hypothicaton as per stock reports provided by him. On a surprise check bank find that there are no stocks on his go downs. Can bank take criminal action against that customer?


Asked on 11/06/12, 12:18 pm

1 Answer from Attorneys

yes , but such action should be vigilant and measured.

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Answered on 11/07/12, 4:36 am


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