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7

Government to be shareholder

Act: Bank of Punjab Act 1989

Section Provisions

THE BANK OF PUNJAB ACT, 1989 THE BANK OF PUNJAB ACT, 1989 7. Government to be shareholder. Notwithstanding anything contained in Section 6, the Government shall be a shareholder of the Bank and shall held at all times not less than [fifty one per cent] of the shares issued by the Bank. [Subs. for, "sixty per cent" by The Bank of Punjab (Amendment) Act, 5 of 1993, S. 2(b)..]

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Citing Judgments

  • 2017 C L D 959 BANK OF PUNJAB through Lawful Attorney---Plaintiff Versus Messrs GAS NATURALE (PVT.) LTD. and 4 others---Defendants
  • 2016 C L D 1301 The BANK OF PUNJAB---Plaintiff Versus ARIF ALI SHAH BUKHARI---Defendant
  • 2014 C L D 1473 BANK OF PUNJAB through Branch/Chief Manager---Plaintiff Versus Messrs KHAN UNIQUE BUILDERS PVT. LTD. through Chief Executive Officer and 3 others---Defendants
  • 2007 C L D 480 Messrs NENSER DRUGS (PVT.) LIMITED and 3 others---Appellants Versus THE BANK OF PUNJAB---Respondent
  • 2001 P Cr IFTIKHAR HUSSAIN and others---Appellants Versus GOVERNMENT OF PAKISTAN and others---Respondents
  • P L D 1994 Lahore 207 THE BANK OF PUNJAB‑‑‑Petitioner Versus ADMINISTRATOR GENERAL, CENTRAL ZAKAT