Lahore High Court Rules FIA Cannot Arrest Bank Customers Without Banking Court Wilful Default Finding: Landmark Protection for Borrowers

Lahore High Court Rules FIA Cannot Arrest Bank Customers Without Banking Court Wilful Default Finding: Landmark Protection for Borrowers

In a landmark judgment delivering significant legal relief to commercial borrowers, corporate entrepreneurs, and bank customers across Pakistan, the Lahore High Court (LHC) has officially barred the Federal Investigation Agency (FIA) from initiating criminal inquiries, registering First Information Reports (FIRs), or arresting bank customers over alleged loan defaults until a competent Banking Court has formally…