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AGRICULTURAL DEVELOPMENT BANK OF PAKISTAN (REORGANIZATION AND CONVERSION) ORDINANCE, 2002 AGRICULTURAL DEVELOPMENT BANK OF PAKISTAN (REORGANIZATION AND CONVERSION) ORDINANCE, 2002 ORDINANCE LX OF 2002 An Ordinance to provide for reorganization and conversion of the Agricultural Development Bank of Pakistan into a public limited company incorporated under the Companies Ordinance, 1984 [Gazette of Pakistan, Extraordinary, Part-I, 4th October, 2002] F.No.2(1)/2002-Pub. dated 4-10-2002.---The following Ordinance promulgated by the President is hereby published for general information:-- 7. Contracts and proceedings.--(1) All agreements and contracts to which ADBP may have been a party or beneficiary, subsisting immediately before the effective date, shall be deemed to have been made by the Company. (2) All proceedings by or against or relating to ADBP, pending on the effective date, before any Court, tribunal, arbitrator or other forum shall be recovered, continued, prosecuted, defended, enforced and executed by the company in the same manner as would have been recovered, continued, prosecuted, - defended, enforced and executed by ADBP under the Agricultural Development Bank Ordinance, 1961 (IV of 1961) and relevant provisions of the said Ordinance, mutatis mutandis, shall continue to apply to these proceedings notwithstanding the repeal of the said Ordinance.