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ANJUMAN COOPERATIVE SOCIETY versus DEPUTY REGISTRAR, COOPERATIVE SOCIETIES, BAHAWALPUR


Constitution of Pakistan 1973 Article 199 Constitutional Application Lenders and Lenders Debt Payment Absence of Debt Ability to Pay Debt Qur'anic Consolidations To meet this situation Petitioner Society obtained loan from Defendant Bank Applicant failed to deposit the full amount of his first installment due to unacceptable crop deterioration, which was agreed to be returned in specific installments by the due dates. The lending bank had threatened the lenders to pay the total amount of the loan simultaneously, otherwise action would be taken against them. The Constitution challenged that due to its financial rigor and serious efforts to repay the loan, consider the irregularity of payment in an act of debt owed, and compliance with the Qur'anic order in which The order has been given and if the borrower is in a tight situation, then (easily) postpone it.

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