⚖️ Banking Laws & Financial Litigation
Challenging Unfair Banking Practices with Expert Legal Strategy
At Yahya Rashid & Co., we offer specialized legal services in banking law, helping clients navigate complex financial regulations and litigate against unfair banking practices. Our deep understanding of both conventional and Islamic finance systems enables us to represent individual and corporate clients in all types of banking and credit-related matters—ensuring legal protection and financial fairness.
🏦 Banking Disputes & Financial Irregularities
Scheduled commercial banks in Pakistan, regulated by the State Bank of Pakistan (SBP), offer various financing facilities to individuals and businesses. However, during loan processing and disbursement, many banks exploit their position through:
- Concealed terms and conditions
- Illegal markups and penalty charges
- Forgery or coercion in documentation
- Unlawful harassment and recovery tactics
These practices often lead to customer defaults, resulting in prolonged litigation and legal damage. We provide robust legal support to challenge these violations and ensure your rights are upheld.
👤 Who is a “Customer” under Pakistani Banking Law?
According to the Financial Institutions (Recovery of Finances) Ordinance, 2001, a “customer” includes any person or entity (not a minor) who:
- Has obtained a loan or financing facility
- Acts as a surety, mortgagor, or guarantor
📜 Key Laws Governing Banking Practices in Pakistan
Our banking law team is well-versed in all relevant legal frameworks, including:
- Financial Institutions (Recovery of Finances) Ordinance, 2001
- Bankers’ Books Evidence Act, 1891
- Contract Act, 1872
- Offences in Respect of Banks Ordinance, 1984
- State Bank of Pakistan Prudential Regulations
- Punjab Consumer Protection Act, 2005
⚖️ Legal Remedies for Banking Fraud & Unethical Practices
We handle civil and criminal actions against banks, covering issues such as:
- Charging illegal mark-up or service fees
- Imposing late payment penalties or default surcharges
- Forgery or misappropriation of funds
- Procurement of signatures on blank forms
- Blackmailing and harassment of customers
- Breach of fiduciary duty by bank staff
We provide legal opinions, feasibility studies, and litigation support before:
- Banking Courts
- Appellate Courts
- Regulatory Authorities (SBP, SECP)
- Consumer Protection Forums
🧠 Banking Law Services We Provide
🏢 Corporate & Institutional Services
- Banking legal audits and policy advice
- Financial documentation and contract vetting
- National and international loan structuring
- Legal compliance with SBP Prudential Regulations
- Advisory on Islamic/Shariah-compliant finance
💼 Transactional and Litigation Services
- Letters of credit & comfort
- Performance bonds & bill of exchange
- Guarantee documentation
- Debt restructuring & refinancing
- Asset securitization
- Project financing and bridge financing
- Construction trusts and asset identification
- Exchange & derivative transactions
- Short-term and long-term lending
- Recovery through civil/criminal court actions
🤝 Why Choose Yahya Rashid & Co.?
- 🏆 Over 25 years of experience in banking & financial law
- 🧑⚖️ Skilled litigation team for banking court representation
- 💡 Expert advisory on debt recovery and compliance
- 📃 Mastery in both conventional and Islamic finance law
- 🛡️ Committed to protecting your financial rights and assets
📞 Contact Us for Banking Law Advice
If you are a borrower, guarantor, financial institution, or investor facing legal complexities in banking or financial matters, our team is ready to assist.
Email: info@yrclegal.com
Phone: +923334287640
Website: www.yrclegal.com
Yahya Rashid & Co. – Your Trusted Advocates in Financial Law & Banking Disputes Across Pakistan.