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MUHAMMAD FARRUKH versus ALLIED BANK OF PAKISTAN

Banking Companies (Debt, Progress, Credit and Recovery of Finance) Act 1997 Sections 9 and 18 Civil Procedure Code (v. 1908), O XXI R 58 Constitution of Pakistan (19731) Article l99 Procurement of parties required to obtain bank loan O XXI Objection under R-58, CPC Petitioners Claim to be Deferred Buyer of Mortgaged Properties with Bank Based on Sale Functions Banking Court Rejects Objection Filed by Applicants, Applicants Claim What is important is that they are a party to the action initiated against the bank. Because the borrower was a profitable buyer of the property for consideration, this order was obtained by the bank without the implementation of the decree. Validate Bank proceeded on the basis of the records it had, in which the disputed property was mortgaged to the bank. The mortgage (lender) / lender may not know matters unless disclosed by the mortgagee, the borrower has not complied with it, in accordance with the law, only the parties. In prosecuting the transaction with, the property and sale mortgage claim by the applicants is of later date, the facts and circumstances of the case were not guaranteed further investigation, which led to the banking court The request for the object was dismissed correctly. The petition filed by the applicants was dismissed in the circumstances advocates from Skardu lawyer