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In view of the overwhelming evidence regarding the arrival of the goods and after releasing the same kept in the Bank’s godown for 9 years had to sell the same in public auction and Bank informed his client regularly in each stage, it can not be accepted the contention that the defendants were not aware of all these things. From the sub-sections 9 and 10 of section 34 of the Ain, there is nothing to show that there is any scope of issuing any show cause notice before issuing warrant of arrest rather it appears that warrant of arrest may be issued directly. No form of word seeking to limit the jurisdiction of the ordinary court protects a nullity. The statutory requirement to deposit legal requirements particularly in case of Artha Rin Adalat being a special law is mandatory. But these general provisions of law proved to be inadequate in many respects. Learned Judge without any investigation passed the order holding that the applicant’s respondents ascertained in the application that their property was wrongly included in the auction notice. Now, if getting the possession of the property by the financial institution or transferring the possession to the purchaser is necessary for complying with those sections then the defendant will have to transfer the possession to the financial tin or to the purchaser. This court shall irn exclusive jurisdiction to try the suits filed by the financial institutions for realization of debt. Any other competent person other than a person employed in the profitable service in the Republic.Īs the judgment or degree of the Artha Rin Adalat is final and the same cannot be questioned in any court under any separate proceeding the plaintiff’s suit is impliedly barred by specific provision of Artha Rin Adalat Ain.
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Section 6 of the Artha Rin Adalat Ain, or for that matter Section 20 of Ain, create a bar in proceeding with a subsequent suit making a prayer for setting-aside an ex-parte decree even on the ground of fraud or even with a prayer for another declaration for the Power of Attorney and Memorandum of Deposit of Title Documents as forged, fabricated and false rather the only remedy qdalat for the opposite-party No. No question shall be raised before any court or authority about any pending proceeding in Artha Rin Adalat rrin its order, judgment or decree. Section 32 2 is one which gives a right to any third party to file application against any grievance that to be remedied. Summary of Artha Rin Adalat Ain ” In our legal system. View Test Prep – Business Low from ORGANIZATI 01 at University of Liberal Arts Bangladesh. Analysis of Artha Rin Adalat Ain (ARAA) Matters covered by this statute, its scope and jurisdiction of Artha Rin Adalat. The provisions of alternative dispute resolution (ADR) is a unique feature of the Artha Rin Adalat Ain, After filing the written statement, the.