ZAR JABEEN TEXTILE MILLS (PVT.) LTD. versus HABIB BANK LTD.
Banking Companies (Loans, Progress, Credit and Recovery of Financial Issues) Ordinance 1997 Sections 10, 12 and 21 of the Limitation Act (IX of 1908), application of such application after not defending the Banking Court under section 5 appeal limitation application The case was dropped after it was rejected. 19 3 2001 The defendants filed an application for the setting aside of the judgment and injunction under section 12 of the Banking Companies (Loans, Progress, Credit and Financial Resources Recovery) Act 1997, but the same restriction was revoked. Reason was rejected. The defendants regularly filed the first appeal against the judgment and decree, dated 18 2001 2001, according to the order dated 18 2001 2001, the first appeal against the order was also filed, dated 18 5 2001 After 65 days, the defendants applied for certified copies of the unclean verdict and decree. Its passage is on 24-55 2001, when a period of 30 days has been fixed under section 21 of the Banking Companies (Loans, Progress, Recovery of Loans and Finance) Act 1997. The appeal filing period had already expired Defendants had neither filed for delay in condolence under section 5 of the Limitation Act, 1908 nor had they specified in the Memorial Appeal to prefer the appeal beyond the prescribed period. Submitted that the first appeal was regularly banned. Will not lie against unidentified order, the High Court refused to uphold the regular first appeal against the order, dated 18 2001 5 2001, which was already challenged in the first appeal against the order and for a regular hearing. The accused were not allowed to file two appeals against the same order
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