A local banking court on Friday issued bailable arrest warrants for Shahid Nazir, the ‘One Pound Fish’ famed, on a criminal complaint filed by a leasing company.
The court ordered to produce Nazir before it on September29. Lahore IV Banking Court Judge Khalid Nawaz issued the order on a criminal complaint filed by the Orix Leasing Company in a recovery suit of Rs 6.6 million against Nazir.
According to details, Nazir, being the owner of Rajpoot Goods Transport got a loan of Rs 6.6 million from the leasing company to purchase trailers in 2007.
However, the leasing company filed a recovery suit after Nazir defaulted. Moreover, during the pendency of the case, Nazir made a deal with the company and agreed to pay Rs 1,034,000 through 11 cheques of Rs 94,000 each.
However, the cheques were bogus and the company then filed the criminal complaint for action against Nazir.
At the last hearing, the court issued notices to Nazir for appearance but he refused to receive them and also failed to appear in court yesterday.
Taking a strict notice of the matter, the court issued bailable arrest warrants for Nazir and ordered the authorities concerned to produce him before it on September 29.
