Section 4
Matters To Be Set Out In Petition
⊕
(1) Petition to be filed pursuant to Rule 3 has to set out the following matters:-
(a) Full name, surname and Address of each of petitioner and defendant, (b) Whether the petition has been filed within limitation setout in the Act and whether the petition fee and amount to be paid in advance for the debt
recovery have been accompanied thereby or not, ♣
(c) whether the concerned bank or financial institution made time to time correspondence discussion or dialogue from time to time, with the debtor in respect of the debts to be recovered by it, or whether the bank or financial
institution has made rescheduling, restructuring or similar other activities of such debts in respect of the recovery of debts ,
⊕(c1) whether the bank or financial institution has published a public notice in any daily newspaper of national level with the details of necessary legal proceedings against the debtor having specified that if the debtor does not
come for the recovery of debts within the period as specified to him/her for the recovery of debts or not, or whether a notice has been published in any daily newspaper of national level on the auction of the movable or immovable property pledged has been proceeded or whether or nor the ⊕ movable or immovable property pledged was put in the process of auction but could not be held by any reason whatsoever,
(d) Whether any suit has been filed in any office or court on recovery of debt from the borrower pursuant to the prevailing law or mot,
(e) Whether necessary copies of the petition to meet the number of the defendants have been attached or not,
(f) Whether necessity evidence and documents in corroboration of the claim mentioned in the petition have been attached or not.
(1) Petition to be filed pursuant to Rule 3 has to set out the following matters:-
(a) Full name, surname and Address of each of petitioner and defendant, (b) Whether the petition has been filed within limitation setout in the Act and whether the petition fee and amount to be paid in advance for the debt
recovery have been accompanied thereby or not, ♣
(c) whether the concerned bank or financial institution made time to time correspondence discussion or dialogue from time to time, with the debtor in respect of the debts to be recovered by it, or whether the bank or financial
institution has made rescheduling, restructuring or similar other activities of such debts in respect of the recovery of debts ,
⊕(c1) whether the bank or financial institution has published a public notice in any daily newspaper of national level with the details of necessary legal proceedings against the debtor having specified that if the debtor does not
come for the recovery of debts within the period as specified to him/her for the recovery of debts or not, or whether a notice has been published in any daily newspaper of national level on the auction of the movable or immovable property pledged has been proceeded or whether or nor the ⊕ movable or immovable property pledged was put in the process of auction but could not be held by any reason whatsoever,
(d) Whether any suit has been filed in any office or court on recovery of debt from the borrower pursuant to the prevailing law or mot,
(e) Whether necessary copies of the petition to meet the number of the defendants have been attached or not,
(f) Whether necessity evidence and documents in corroboration of the claim mentioned in the petition have been attached or not.