Pak Legal



Throughout the country, we have expert lawyers with expertise in Banking & Finance. Therein, our team’s qualifications have heralded a large client base including Habib Bank Limited (HBL),Punjab Bank, Askari Bank, Alfalah Bank, Summit Bank, Dubai Islamic Bank, MCB, Allied Bank, JS Bank, National Bank of Pakistan,  Habib Metropolitan Bank, and others.

Our Legal Assistance and Expertise can be accessed in the following fields:

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Recovery suits: Our Associates are regularly consulted by our clients when filing complaints against criminals or against  defaulters to recover their money , in coherence with Section 15 of the Financial Institutions Ordinance, 2001.

Acquisition Finance: We assist with cross-border acquisitions, integrations (equity and assets), and prestigious buyouts.

Regulatory & Financial Advice: We also provide online services to keep you informed about contemporary business developments and to help you assess the impact of global regulatory trends.

Credit Services and Loans: Various trade-financing services are available, including:

  • Corporate lending: which extends to the following areas:
    • Investing in assets
    • Invoice discounts
    • Structure
  • Procedure for execution
  • Enquiries relating to fraud
  • Check bounces
  • Dispute letters and asset recovery letters
  • The following are indemnities and guarantees:
    • Corporate
    • Individual
  • Scrutinizing of standard documents


If you are looking for a Banking Lawyer in Pakistan, contact us or visit our offices in Karachi, Islamabad, Rawalpindi, Lahore, Multan &  Faisalabad.

Banking Law

Scope of Banking Laws & Duties of a Banking Lawyer:

The law of banking relates to how banks accept deposits and use those funds to provide credit or invest in bank accounts. It is the responsibility of banks to comply with a variety of federal, provincial, and domestic regulations. Banking lawyers perform a broad range of functions related to creating, following, and enforcing banking regulations.

Regulation of Banks & Banking Lawyers:

Government regulation of banks  consists of a number of requirements, restrictions, and guidelines imposed by the government in order to create market transparency between banks, individuals, and companies they deal with.

 The Duties & Expertise of Our Expert Team of Banking Lawyers:

We deal with the matters relating to borrowing, raising or taking up of money, lending or advancing money either with or without security, all kinds of bills of exchange, hundis, promissory notes, coupons, drafts, bills of lading, railway receipts, warrants, debentures, certificates including participation term certificates, modaraba & musharaka certificates, etc.. Bullion and species trading, foreign currency exchange, including foreign bank notes, acquiring, holding, issuing on commission, underwriting, and dealing in stocks, funds, shares, debentures, bonds, obligations and securities, all kinds of investment, and receiving bonds, scripts, or valuable deposits of all kinds.


Regulatory frameworks in modern banking are constantly evolving, resulting in a sophisticated set of laws and regulations. From contracts to how to ensure safe and secure lending, banking law and practice delves into a range of topics that directly affect banks’ day-to-day operations. Our expert legal team aids the clients with a hundred percent satisfaction rate.

We deal with the financial matters related to Federal banking laws, rules and regulations governing the operations of financial institutions.


A bank’s operations range from basic or primary functions like day-to-day transactions to other services such as agency work and general utility services. In the banking industry, incidental transactions are important to revenue / sales or sustaining the business.


As part of their banking business, banks perform a variety of transactions and activities. Payments, trading, clearing and settlement of accounts, and custody are all examples of these transactions. Understanding the value chain of the banking industry requires a good understanding of its operational aspects. Among the key operational activities are accepting deposits, lending funds, clearing checks, remittance of funds, lockers & safe deposits, bill payment services, online banking services, credit & debit cards, overseas banking services, wealth management, investment banking, and social goals.


BANKING LAW SERVICES Provided By Our Banking Lawyers:

The firms’ defensive assistance services have been highly regarded by banking institutions throughout Pakistan, including in-house counsel and regularly retained attorneys. Additionally, the firm assists with all types of regulatory applications submitted to Federal banking agencies, as well as defensive assistance when financial institution officers and directors are sued for violations of their legal duties and responsibilities as officers and directors.

Our banking law and financial services firm represent banks, mortgage companies, other institutions, businesses, and individuals in all aspects of banking law and financial services. We handle both secured and unsecured real estate, commercial lending, and consumer transactions in this group. Assisting clients with consumer lending laws, servicing agreements, brokerage agreements, wholesale agreements, and funding agreements, as well as negotiating and preparing loan documentation, is what we do.

Banking & Finance


The banking law describes what banks do with deposits and how they use them to extend credit or make investments. It is the bank’s responsibility to comply with a variety of federal, provincial, and domestic regulations. Among our banking law services are the creation, implementation, and enforcement of banking regulations.

The State Bank of Pakistan Regulates Commercial Banking  in Pakistan:

Commercial banking is regulated by the State Bank of Pakistan, which offers a wide range of financial services.

Banks process in an illegal manner to safeguard their transactions. In spite of this, they take unfair advantage of their customers by concealing stipulations, or charging illegal markup, penalties, and other charges, resulting in default by the customer. Several laws have been enacted in Pakistan to protect the rights of customers.

Definition of a Customer:

According to the Financial Institutions (Recovery of Finances) Ordinance, 2001, customers are those who are not minors, eligible for disbursed loans, or sureties, mortgagees, or guarantors.

Banking & Finance

Laws and Procedures Regarding Banking in Pakistan

Following laws & Acts deal with banking matters in Pakistan:

  • Ordinance of 2001 regarding the recovery of funds from financial institutions 
  • The Bankers Book of Evidence Act of 1891
  • The Contract Act of 1872
  • Offenses against banks under the Banks Ordinance, 1984
  • The Prudential Regulations of the State Bank of Pakistan
  • The Punjab Consumer Protection Act of 2005 protects consumers

Taking Legal Action Against Corrupt Banking Practices:

In the case of disputes between banks and employees, civil and criminal remedies are available in order to resolve grievances from customers, borrowers, security agents, and mortgagors. Numerous instances of fraud and malpractice have been reported in banks, including:

  • Profiting from illegal markups
  • Charging an illegal fee
  • Late payment charges
  • Surcharges for defaults, illegal entries, etc.
  • Fraud and forgery by bankers
  • Misappropriation of bank entitlements
  • The misappropriation of customer entitlements
  • Unfair advantages are given to customers
  • Customers must sign blank documents
  • Customer harassment and blackmail

The Right Law Associates

Expert lawyers team with extensive experience in modern banking laws and practices have assisted, consulted, negotiated, provided financial feasibility advice, and litigated in various courts on behalf of banks and customers. Further, we provide legal opinions regarding cases pending before various forums, including the Banking Court and the Court of Appeals. We offer comprehensive banking and financing consultations to help our clients make long-term profitable decisions. Including corporate lending papers, indemnities, letters of credit, and credit cards, we handle all types of documentation.

Specialized Banking Lawyers of Right Law Associates

Our banking and financial lawyers arrange loans for companies to buy others or fund new ventures. In addition, they provide legal advice on a wide range of corporate and financial matters. Generally, our banking and finance lawyers represent borrowers or lenders (banks and companies).


Banking regulations are constantly changing and are governed by sophisticated laws. Banking law and practice cover a wide range of topics that directly impact banks’ day-to-day operations.

In the seller’s banking practice, he primarily consults with community banks on compensation matters, executive and director benefits programs, and life insurance products, including incentives, consulting, and succession planning, as well as executive and director benefits programs.


The Federal bank regulatory law is the focus of all our resources and professional efforts. Among the firm’s specialties is the defense of Federally insured financial institutions and their officers and directors in all matters related to supervisory bank examinations conducted by all Federal banking regulatory agencies to assess compliance with all applicable laws, rules, and regulations governing the operation of such institutions.

Banking & Finance


Furthermore, banks offer agency services and general utility services in addition to the basic or primary services they provide. Value chains in the banking industry include transactions related to revenue/sales and sustaining business operations.


Banks carry out activities and transactions that support banking operations. The transactions include making or accepting payments, trading, clearing, settling accounts, and custody. You must first understand the operational aspects of the banking industry in order to understand its value chain. As well as accepting deposits, lending funds, clearing checks, remitting funds, lockers & safe deposits, bill payment services, online banking, credit and debit cards, overseas banking, wealth management, investment banking, and social objectives, the bank engages in a variety of operational activities.


Our firm’s defensive assistance services, including in-house counsel, are highly respected throughout Pakistan. Additionally, the firm provides assistance with all types of regulatory applications submitted to Federal banking agencies, as well as defensive support when officers and directors of financial institutions are sued for violating their legal duties and responsibilities.

Banking Court Lawyers of Right Law Associates:

 We provide services through the experts of our banking lawyers team around the country to money-center banks, savings and loans, insurance companies, finance companies, institutional investors, investment banks, private banks, trust operations, credit unions, mortgage banks, brokerage firms, as well as international and foreign banks.

The firm represents banks, mortgage companies, other institutional lenders, businesses, and individuals in all aspects of banking law and financial services. As well as representing clients in real estate and commercial lending transactions, we also represent consumers in unsecured and secured transactions. 

Assist clients with consumer lending laws, servicing agreements, brokerage agreements, wholesale agreements, and funding agreements.

Additionally, we represent banks, mortgage companies, and other lenders in matters related to federal and provincial regulations, new bank charters, and holding company formation. Our services include formations, conversions, branch licensing and qualification in jurisdictions across the country, mergers, acquisitions, and openings. Furthermore, it deals with all aspects of secondary market transactions, including portfolio acquisitions, servicing agreements, securitized financing acquisitions, and other business and real estate issues. For further inquiries, contact us or visit our offices, having timings 24/7.

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