The order was issued based on a request made by the AG’s Department Senior Attorney S. Bari according to a petition and affidavit filed by the director of a Central Bank non banking financial institution monitoring department.
Acted against legal regulations:
In his petition the monitoring department director had stated that ETI Finance management had acted in violation of Financial Business Act of 2011 No. 42
The Magistrate had stated that court was satisfied with the details submitted by the director.
All other parties in this case were ordered to appear in court on July 18 and to notify the parties concerning the order.