SCHEDULE
Schedule
Act: Banking Companies (Recovery of Loans, Advances, Credits and Finances) Ordinance 1997
Section Provisions
ORDINANCE XXV OF 1997 ORDINANCE XXV OF 1997 BANKING COMPANIES (RECOVERY OF LOANS, ADVANCES, CREDITS AND FINANCES) ORDINANCE, 1997 An Ordinance to repeal, and with certain modifications to consolidate and re‑enact the banking Companies (Recovery of Loans) Ordinance, 1979 and the Banking Tribunals Ordinance, 1984 (Gazette of Pakistan, Extraordinary, Part I, 4th February, 1997] No.F.2(1)197‑Pub., dated 4‑2‑1997.‑‑‑The following Ordinance made by the President is hereby published for general information: Whereas it is expedient to repeal and with certain modifications to consolidate and re‑enact the Banking Companies (Recovery of Loans) Ordinance, 1979 (XIX of 1979) and the Banking Tribunals Ordinance, 1984 (LVIII of 1984); And whereas the National Assembly is not in session and the President is satisfied that the circumstances exist which render it necessary to take immediate action; Now, therefore, in exercise of the powers conferred by clause (1) of Article 89 of the Constitution of the Islamic Republic of Pakistan, the President is pleased to make and promulgate the following Ordinance, namely:‑‑ SCHEDULE (See section 2(a)(Vi_) 1. Bankers Equity Limited 2. House Building Finance Corporation 3. Investment Corporation of Pakistan. 4. National Development Finance Corporation 5. National Investment Trust 6. Pakistan Industrial Credit and Investment Corporation 7. Pak. Libya Holding Co. Limited 8. Pak‑Kuwait Investment Co. Limited 9. Saudi Pak Industrial and Agricultural Investment Company Limited 10. Small Business Finance Corporation. 11. National Development Leasing Corporation 12. Regional Development Finance Corporation 13. Equity Participation Fund. 14. Orix Leasing Pakistan Limited 15. Dadabhoy Agricultural Leasing Company Limited 16 Asian Leasing Corporation Limited 17. Atlas BOT Leasing Corporation Limited. 18. Pakistan Industrial and Commercial Leasing Corporation Limited. 19. Pakistan Industrial Leasing Corporation Limited. 20. Standard Chartered Mercantile Leasing Company Limited 21. National Assets Leasing Company Limited. 22. International Multi‑Leasing Corporation Limited. 23. Ghemni Leasing Company Limited 24 First Leasing Corporation Limited. 25. Credit and Leasing Corporation Limited. 26. English Leasing Company Limited. 27. Trust Leasing Corporation Limited. 28. B.F. Modaraba. 29. B.R.R. Capital Modaraba. 30. B.R.R. Second Modaraba. 31. Constellation Modaraba. 32. Ist Crescent Modaraba. 33. Ist D.G. Modaraba. 34. First Elite Capital Modaraba. 35. Ist Equity Modaraba. 36. Ist Grindlays Modaraba. 37. Ist Habib Bank Modaraba. 38. Ist Habib Modaraba. 39. Ist Hajwairy Modaraba. 40. Ist Inter Fund Modaraba, 41. Ist Mehran Modaraba. 42. Ist National Modaraba. 43. Ist Nishat Modaraba. 44. Ist Pak. Modaraba. 45. Ist Premier Modaraba. 46. Ist Professional Modaraba. 47. Ist Providence Modaraba. 48. Ist Prudential Modaralia. 49. Ist Sanaullah Modaraba. 50. Ist Tawakal Modaraba. 51. Ist Tri Star Modaraba. 52. Ist U.D.L. Moderaba. 53. Industrial Capital Modaraba. 54. L.T.V. Capital Modaraba. 55. Modaraba Almali, 56. Modaraba Al Tijara. 57. Schon Modaraba. 58. 2nd Prudential Modaraba. 59. 3rd Prudential Modaraoa. 60. Trust Modaraba. 61. Uni Gap Modaraba. 62. Al‑Zamin Leasing Modaraba. 63. Crescent Investment Bank Limited. 64. Ist International Investment Bank Limited. 65. Islamic Investment Bank Limited. 66. Al‑Tawfeeq Investment Bank Limited. 67. Prudential Investment Bank Limited. 68. Atlas BOT Investment Bank Limited. 69. Security Investment Finance Bank Limited. 70. Fidelity Investment Bank Limited. 71. Al‑Faisal Investment Bank Limited. 72. Citibank Housing Finance Company Limited. 73. Citicorp Investment Bank (Pakistan) Limited, 74. Natover Motor Lease Limited. 75. International Housing Finance Limited 76. Interfund Housing Finance Limited. 77. Prudential Discount and Guarantee House Limited 78. Inter Asia Leasing Company Limited. 79. Al‑Ata Leasing Modaraba. 80. Al‑Faysal Investment Bank Limited. 81. The Bank of Punjab 82. Askari Leasing Limited 83. Capital Assets Leasing Corporation Limited 84. Union Leasing Limited 85. Pacific Leasing Limited