Evidentiary Issues in Banking Laws of Pakistan

Banking laws in Pakistan are subject to considerable contentions as there is ambiguity
in interpretations of many laws. These contentions require resolutions especially when
two concurrent laws govern the same issues. For this purpose, evidentiary standards
must be clearly outlined. Moreover, emerging issues such as proliferation of
technology also require that grey areas in terms of use of technology for evidentiary
standards are removed. In addition, application of legal doctrines such as financial
estoppels as well as use of blank documents also needs clarity. Lastly, there needs to
be outlining in terms of evidentiary issues especially in case of filing of documents and
intersection of laws when the financial institution is not bank.