The Financial Institutions (Recovery of Finances) Ordinance, 2001: A Legal and Economic Analysis
The Financial Institutions (Recovery of Finances) Ordinance, 2001 (hereinafter referred to as “the Ordinance”) constitutes a pivotal legislative instrument within Pakistan’s financial and legal architecture. Enacted to streamline the recovery of outstanding finances, the Ordinance serves as a remedial measure against financial delinquency, ensuring the protection of lenders’ rights while fostering fiscal discipline. This statutory […]
