Basit Consulting Group
0
loading

Our Banking Law Division, comprises of specialist Banking Lawyers who provide a whole range of legal advisory services to Banks and Consumers alike in Pakistan. Our services include policy and legal advisory, drafting and advocacy services, covering both domestic and international transactions.

Lawyers and Attorneys atour firm strive to reduce litigation times to a minimum. Our rapport in the Pakistani market as Banking Lawyers is one of trust and justice at the most optimum pace. In many circumstances in Banking Law practice, it is always preferable and advisable to use arbitration; however, the lawyers and attorneys atour firm will only provide arbitration services after the express approval of our esteemed Clients.

Our Expert Banking Lawyers are groomed to value reliability and quality of work along with no negligence policy therefore our firm stands out as the premium Law Firm providing Banking Law Services in Pakistan. The edge the Lawyers/Attorneys at our firm provide over our competitors is that our prospective clients are given full confidence that no attorney or lawyer of our firm will ever engage in any unlawful and immoral conduct which brings disrepute to the profession, the law firm and at the same time loses the case of his client without any proceedings. 

MORDERN BANKING

We deal with various legal issues regarding modern banking, relating to the traditional activities of taking deposits from customers, paying out on demand and lending money to all kinds of asset securitization. We have extensive experience of advising, consulting, negotiating, litigating, providing policy advice and acting on behalf of national and international banks, donors and borrowers on secured and other lending transactions.

AREAS OF EXPERTISE

Banking Law Lawyers and Attorneys of our firm provide the following services in Pakistan in relation to Banks and/or Consumers of Banks

  • Loan transactions and related security (particularly guarantees) both personal and corporate;
  • Swaps and Derivatives;
  • Pertinent aspects of the law of insolvency;
  • Receivership and company law;
  • Constructive trusts and tracing of assets;
  • Letters of credit;
  • Performance bonds;
  • Letters of comfort; &
  • Bills of exchange.

Corporate Finance

  • Project Finance;
  • Negotiations;
  • Short Term and Long-Term Financing and Bridge Financing;
  • Letters of Credit;
  • Guarantees;
  • Restructuring of Loans;
  • Revival of Sick Units etc.;
  • Refinancing;
  • Project finance;
  • Securitization and other structured finance;
  • Banking attorneys at OUR FIRM works closely with clients in a wide range of secured and unsecured loan transactions and other credit transactions, including participation arrangements;
  • Banking Lawyers at the law firm provide corporate clients with comprehensive legal audit and due diligence services;
  • The Firm has knowledge with regards to new and creative financing techniques being utilized in Pakistan such as Asset Securitization and Term Finance Certificates and their private placement or public issue;
  • Opinions regarding the validity and legality of mortgage documents;
  • Banking Lawyers at our firm also specializes in securities offerings, debt restructuring, and loan workouts on a corporate or nation-wide scale; &
  • Our firm has specialized experience with regards to Shariah Law transactions, modes of finance and jurisprudence.

Our firm provides our clients with expert practical legal advice regarding Financial Institutions (Recovery of Finances) Ordinance 2001, the State Bank of Pakistan Prudential Regulations relating both to Banking as well as Non-Banking Financial Institutions and all regulatory concerns of Financial Institutions.

Because of extensive knowledge of the specialist lawyers and attorneys at work at our firm we have a definite edge in the financial services industry, our expert lawyers are often called upon to provide legal opinions concerning proposed and pending legislation. 

Banking Crimes:

  • Dishonor of Cheque;
  • Credit / debit card;
  • Cheque fraud;
  • Overpayment Scams; &
  • Direct debit scam.

Dishonor of Cheque

  • What are the conditions that make dishonoring of a cheque an offence in Pakistan?
  • In what circumstances dishonoring of cheque is not an offence in Pakistan?
  • What is the penalty for dishonoring of a cheque in Pakistan?
  • What can I do when a cheque is dishonored for the reason of insufficient funds?
  • What legal action I can take to get the amount cleared?
  • I have got my cheque dishonored which was issued by a company, is there any remedy to recover my amount? Presumption is we cannot lodge F.I.R. against a company.
  • We are in the business of manufacturing wooden furniture. During course of our business we supplied furniture of Rs 1 million, but our client dishonored the cheque. We lodged First Information Report (FIR) under section 489-F Pakistan Penal Code after that he paid us half the amount and then he ran away. We do not have any idea about his whereabouts. Court has issued proclaimed offender notice, he is untraceable. Now as he is untraceable and vanished still what can we do?
  • I have a cheque dishonored, now where to lodge an F.I.R.? The place of the bank where the cheque was dishonored or the place where the cheque was handed?
  • A partnership firm gave a cheque to me, cheque was presented which was dishonored. Now they closed the partnership firm and dissolved it. My question is can still I have any remedy?
  • We are three partners in a firm, two of partners are active and they are running the business and taking care of day to day affairs of the firm. My position is only as a sleeping partner. Cheques are signed and issued by the two working partners. In case a cheque bounces and legal action takes place under section 489-F Pakistan Penal Code are all the partners are liable or only those who have signed the cheque? 

Contact Us

Address

18 - CCA - C block - Phase 6 - DHA - Lahore, Pakistan

Phone

+92 321 4303511

× Live Chat