Banking courts in Pakistan are special courts which have original jurisdiction on financial cases in which claims are up to PKR fifty million. Decisions of banking court are can be appealed in High Courts. The courts were established in 2001 via the Financial Institutions (Recovery of Finances) Ordinance, 2001. [1]
Judges are appointed by Federal Government in consultation with Chief Justice of the High court of the province in which the court is established. Judges appointed are from High courts or from District Courts. [2]
There are 34 courts in total
Province | Number of Courts | Location |
---|---|---|
Islamabad Capital Territory | 1 | Islamabad |
Balochistan | 1 | Quetta |
Khyber Pakhtunkhwa | 3 | Abbotabad (1), Peshawar (2) |
Punjab | 18 | Lahore(7), Faisalabad(2), Rawalpindi, Multan(3), Gujranwala(2), Sahiwal, Sargodha, Bahawalpur |
Sindh | 11 | Hyderabad(2) Larkana(2) Karachi(5) Sukkur(2) |
Banking courts in Pakistan are special courts which have original jurisdiction on financial cases in which claims are up to PKR fifty million. Decisions of banking court are can be appealed in High Courts. The courts were established in 2001 via the Financial Institutions (Recovery of Finances) Ordinance, 2001. [1]
Judges are appointed by Federal Government in consultation with Chief Justice of the High court of the province in which the court is established. Judges appointed are from High courts or from District Courts. [2]
There are 34 courts in total
Province | Number of Courts | Location |
---|---|---|
Islamabad Capital Territory | 1 | Islamabad |
Balochistan | 1 | Quetta |
Khyber Pakhtunkhwa | 3 | Abbotabad (1), Peshawar (2) |
Punjab | 18 | Lahore(7), Faisalabad(2), Rawalpindi, Multan(3), Gujranwala(2), Sahiwal, Sargodha, Bahawalpur |
Sindh | 11 | Hyderabad(2) Larkana(2) Karachi(5) Sukkur(2) |