Circular No. 1 of 2011
March 26, 2011
The Presidents/Chief Executives
TO GOVERNOR STATE BANK OF PAKISTAN AGAINST THE
DECISION OF BANKING MOHTASIB PAKISTAN
refer to Section 82E (4) of the Banking Companies Ordinance,
1962 regarding filing of appeals to Governor SBP against
the decision of Banking Mohtasib Pakistan.
2. In order to streamline the procedure of filing the
Appeals all the Banks are advised to file their appeals
to the Governor SBP, through their centralized Legal Department
under the signatures of the Presidents/Chief Executives
of the Banks or their duly authorized officers not below
the rank of Senior Executive Vice President/Group Head.
3. It is also advised to file the appeal within stipulated
time of 30 days from the date of impugned order, in a
professional manner and on the format of Appeals as filed
in Civil Courts.
4. It is also advised to annex the following minimum set
of documents while lodging an appeal:
i. Three sets of appeal.
ii. Copy of the Impugned order.
iii. Documents furnished by the bank before Banking Mohtasib
iv. Copies of impugned instruments, if any.
v. Enquiry Reports of the scam, if available.
vi. Copies of AOF of the account holder(s) involved in
the case, if any.
vii. Statement of Accounts, if disputed.
viii. Any other document/evidence on which the bank wants
5. Please acknowledge receipt.