Rasheed & Associates
Banking & Finance Law

Banking Lawyer in Lahore — Recovery Suits & Banking Court Matters

We act for and against banks, NBFIs and borrowers in matters under the Financial Institutions (Recovery of Finances) Ordinance, 2001 before Banking Courts in Punjab. Our work covers recovery suits, leave-to-defend applications, mortgage enforcement and restructuring negotiations.

What we do

  • Recovery suits under FIO 2001
  • Defence in banking recovery proceedings
  • Leave-to-defend applications & set-aside of ex-parte decrees
  • Mortgage and pledge enforcement
  • Restructuring & settlement negotiations
  • Cheque dishonour proceedings under Section 489-F PPC

How we work

  1. Step 1

    Document Review

    We audit finance facility letters, security documents and statements of account.

  2. Step 2

    Strategy

    Settlement first; litigation where the bank is unreasonable or the borrower has a strong defence.

  3. Step 3

    Court Action

    Banking Court litigation, with recovery suits typically decreed within 6–12 months.

  4. Step 4

    Execution & Appeal

    Execution of decree through auction of mortgaged property; appeals to Lahore High Court.

FAQ

Banking — Frequently Asked Questions

What is a banking court in Pakistan?

+

Banking Courts are special courts established under the Financial Institutions (Recovery of Finances) Ordinance, 2001 to decide disputes between financial institutions and customers. They follow a summary procedure: the defendant must obtain leave to defend within 30 days or face an ex-parte decree. Appeals lie to the High Court within 30 days.

Speak with a senior advocate today

Discreet consultation. Clear, written engagement. Direct partner-led representation in Lahore and across Punjab.

WhatsAppOpen WhatsApp chat