← Back to Agricultural Development Bank of Pakistan (Reorganization and Conversion) Ordinance 2002 Outline

8

Bar of jurisdiction and indemnity

Act: Agricultural Development Bank of Pakistan (Reorganization and Conversion) Ordinance 2002

Section Provisions

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:-- 8. Bar of jurisdiction and indemnity.--(1) No Court, tribunal or any authority shall question anything done, order made, step or action taken or purported to be made, done or taken which is in good faith, done, made or taken under this Ordinance. (2) No suit, prosecution or other legal proceedings or action shall lie against the Federal Government, ADBP, the Company or any other person for anything which is in good faith done or intended to be done under this Ordinance or any rule or order trade thereunder.