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Banking company

Banking company legal meaning, translation and judicial precedents.

Meaning & Judicial Interpretation: (اردو مفہوم اور قانونی تشریح)

1988 CLC 1438 KARACHI-HIGH-COURT-SINDH Judicial Precedent
S. 5(b)Word, "Banking", and "Banking company"Meaning and import of

Word "Banking" contemplates a business where money or deposits are accepted from public for investment and lending them-Such amount would be repayable on demand or by any other mode and could be withdrawn by cheque, draft or in any other manner

Any company which transacts, banking business is called a "Banking company:'

[Words and phrases]."

1982 PLD 513 KARACHI-HIGH-COURT-SINDH Judicial Precedent

S. 2 (u) read with Banks (Nationalisation) Act (XIX of 1974), S. 3(t) Banking Companies Ordinance (LVII of 1962), S. 5 (c)-Words and Phrases-Expression "Banking Company" as defined in Ordinance XIX of 1979-Wider in scope as compared to definition given in Act XIX of 1974 inasmuch it includes banking company incorporated outside Pakistan-Furthermore, a financial institution, held, can also be declared as a banking company for purposes of Ordinance by notification in official Gazette by Federal Government.-[Words and phrases]

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Precedents & Case Laws citing "Banking company"

PTD 1999
I.T.As. Nos.3027/LB and 3028/LB of 1996, decided on 19th April, 1999.

1999 P T D (Trib

N/A

Court: Income-tax Appellate Tribunal Pakistan
PTD 1994
I.TA. No. 789/LB of 1993, decided on 6th January, 1994.

1994 P T D (Trib

N/A

Court: Income-tax Appellate Tribunal Pakistan
PTD 1994
Income Tax Reference Nos.62 of 1982 and 26 of 1985, decided on 21st March, 1994.

1994 P T D 1271

Messrs CITY BANK N.A., KARACHI Versus THE COMMISSIONER OF INCOME-TAX, CENTRAL ZONE-C, KARACHI

Court: Karachi High Court
PLD 1986
High Court Appeal No. 36 of 1986, decided on 1st March, 1986.

P L D 1986 Karachi 297

RAYASAT RASOOL QADRI‑Appellant Versus DUBAI BANK LTD. AND 28 OTHERS‑Respondents

Court:
PLD 1954
Letters Patent Appeal No. 42 of 1953 decided on 28th April 1954, against the order of Shabir Ahmad, J. dated the 16th November 1953, passed in Civil Original Case No. 14 of 1952.

P L D 1954 Lahore 667

THE PUNJAB AND KASHMIR BANK, LTD., LAHORE Appellant Versus THE STATE BANK OF PAKISTAN, LAHORE Respondent

Court:
PLD 1990
First Appeal from Order No.27 of 1989, decided on 2nd January, 1990.

P L D 1990 Peshawar 17

Haji NABIULLAH and another‑‑Appellants Versus Messrs HABIB BANK LTD. through President Bank, Head Office, Karachi and 2 others‑‑Respondents

Court:
CLD 2002
Civil Suit No. 74 of 2000, decided on 23rd July, 2001.

2002 C L D 53

NATIONAL DEVELOPMENT FINANCE CORPORATION‑‑‑Plaintiff Versus SPINNING MACHINERY COMPANY OF PAKISTAN LIMITED‑‑‑Defendant

Court: Lahore
CLD 2002
Constitutional Petition No.D‑1491 and Miscellaneous No.3938 of 2001, decided on 30th July, 2001.

2002 C L D 102

Messrs UNIVERSAL LEASING CORPORATION LTD. ‑‑‑Petitioner Versus STATE BANK OF PAKISTAN‑‑‑Respondent

Court: Karachi
MLD 1986
Summary Suit No. 359 of 1985 and Civil Miscellaneous Appeal No.127 of 1986, decided on 7th May, 1986.

1986 M L D 1317

UNION BANK OF THE MIDDLE EAST Ltd. — Plaintiff Versus ADAMJEE INDUSTRIES LIMITED and 14 others Defendants

Court: Karachi
PLD 1973
Letters Patent Appeal No. 103 of 1970, decided on 5th April 1973.

P L D 1973 Karachi 509

THE PREMIER BANK LTD., KARACHI‑ — Appellant Versus MOHAMMAD ABDUL QASIM ACID ANOTHER — Respondents

Court:

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