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NEW RAHAT ENGINEERING WORKS versus NATIONAL BANK OF PAKISTAN


Sections 18 and 21 of the Banking Companies (Debt, Progress, Credit and Recovery of Financial Affairs) Act 1997 (Sec. 1908), Section 12 (2) 6A XXI RR 90, 92 and 94 decree implementing residential property The application for sale was dismissed by the Court of Appeal for fraudulently conducting the auction proceedings and operating irregularly and instead certifying the sale and issuing the sale certificate to the auction buyer for a judicial lender. And then requested that she be ready to pay Rs 20 lakh. The remaining amount of installments and the same amount of installments will be calculated and the accuracy of the auction process was carried out in the presence of one of the creditors who made the decision, and its non Failure to pay the declaration, the property was already sold for execution. Held that, under the circumstances, the Executive Court could not go behind the decree of filing an application under section 12 (2), CPC, which was not a ground under the law. The auction was removed and the High Court dismissed the appeal in the circumstances

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