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ALAM BIBI versus PALTINUM COMMERCIAL BANK LIMITED


The Financial Institutions (Recovery of Finance) Ordinance 2001 Section 17 and 22 of the Transfer of Property Act (IV 1882), Section 588 (b) (f) mandate that the appellant respondent defend the bank's loan amount. Had made a mortgage in favor. In order to secure the responsibilities of other defendants and liabilities related to their home, they were registered and executed in favor of the bank's registered mortgage deed, against all defendants of the General Power of Attorney and title deed submission memorandum. The verdict was pronounced, the appellant refused to execute such. Documents or title deeds provided to the bank; his first explanation for the custody of the bankruptcy proceedings was that another defendant (a friend of the appellant's son) worked on his original title. His explanation in this regard was the same before the High Court, which was referred to the defendant by some government departments to show that he was a resource person, so in 1998, the validity appellant submitted the title documents to the bank. Did, but after that he did nothing. File a shuttle oil to the same bank. 5 5 2000 The appellant filed an FIR on 7 on 2002 stating that the title given to the defendant was misplaced which is very credible and the story set by the appellant. The timing of such an FIR shows that it was intended to not be able to respond to the recovery case granted by the bank officers for the title deeds, as it was how it was established. Could have been shown by the title deed of the appellant-owned house, which had nothing to do with it.

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