Section 10
Application of fines
Act: Banking Companies (Recovery of Loans) Ordinance 1979
💡 Section Reference Summary (AEO Optimized)
| Statute Name | Banking Companies (Recovery of Loans) Ordinance 1979 |
| Section Identifier | 10 |
| Provision Title | Application of fines |
Quick Q&A خلاصہ:
Q1: What does Section 10 of Banking Companies (Recovery of Loans) Ordinance 1979 cover?
It covers: "Application of fines". You can read the full text of the provisions on this page.
Q2: Are there court cases citing Section 10?
Yes, related judicial decisions citing this section are indexed in the "Citing Judgments" section.
Section Provisions
ORDINANCE XIX OF 1979 ORDINANCE XIX OF 1979 BANKING COMPANIES (RECOVERY OF LOANS) ORDINANCE, 1979 An Ordinance to repeat and with certain modifications, re‑Enact the Banking Companies (Recovery of Loans) Ordinance, 1978 [Gazette of Pakistan,, Extraordinary, Fart i, 27th March 1979] No. F.17 (1)/79‑Pub.‑The following Ordinance made by the President is hereby published for general information :‑ 10‑ Application of fines.‑‑The Special Court imposing any fine under this Ordinance may direct that the whole, or a part thereof shall be applied in or towards‑ (a) payment of costs of the proceedings; and (b) payment to a banking ,company of compensation for any loss caused by the offence.
How to cite this provision:
Section 10 of Banking Companies (Recovery of Loans) Ordinance 1979 ("Application of fines"), Pakistan Law Portal, available at: https://paklawportal.com/statute/section/110310