MAQI CHEMICALS INDDUSTRIES (PVT.) LIMITED versus HABIB BANK LTD
Sections 19 and 19 (7) of the Civil Procedure Code (v. 1908), AXXI, RR 85 and 69, by the auctioneer of the mortgaged property by the execution holder of the decree, by a court auctioneer verifying the sale by the lenders Previously, the request relates to hearing. How to proceed while dealing with the court in respect of matters / claims / sales, etc. Court lenders moved the petition on the basis that the auction was not made on the due date by the court auction. That the auction was fake and fake. On the day set for auction, no one, including Court Alamire or bank staff, came to this site. This auction was not properly postponed. The entire process was auctioned off in relation to the auction and that the buyer did not submit the auction balance of 3 4/4 within 15 days of the auction, so the auction process was unsuccessful due to the unlawful provision. was given. (7) Section 19, of the Financial Institutions (Finance) Ordinance 2001, was the only summary procedure to be followed by the court in determining the matters / claims / objections to the sale but the mandatory provisions of A. XXI. , Cannot be sold to anybody, the rules provided in the CPC are violated and the sale is complete and completely made, on this basis.
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