MUHAMMAD MUNIR KHAN, J.---This petition for leave to appeal is directed against the order dated 20-12-1994 of the Peshawar High Court, Abbottabad Bench, whereby the appeal filed by M/s J. Hazit International Limited and seven others (respondents) against M/s. Industrial Development Bank of Pakistan/petitioner, was transferred to the Company Judge, Peshawar.
2. Learned counsel for the parties have been heard.
3. A plain reading of section 316(3) of the Companies Ordinance, 1984 will show that the High Court had no option but to transfer the case to the Company Judge for disposal. So, no exception can be taken to the impugned order. If the petitioner has any objection with regard to the jurisdiction of the Company Judge to hear to appeal as a whole, he may raise the same before the learned Company Judge. This petition is disposed of accordingly.