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SYED MARGOOB ALAM versus MUHAMMAD SHOAIB ANSARI


AXXI, Rr 89 and 90 Auctioneer's preferential right to a mortgage purchase decision by auctioneer Auctioneer was held by the auctioneer because he owns residential property and intends to buy the property. Did the banking court issue an objection requesting the auctioneer to submit the auction price and pay the auctioneer's decision to pay the auctioneer buyers 5% of the value paid under OXI, R89? Buyers contend that the lender's decision did not comply. Therefore, the orders of the Banking Court, the objection should be dismissed and the sale validated in their favor if the debtor had not deposited the amount as per the orders passed by the Banking Court within the stipulated time period. Or didn't ask for an extension. In terms of the order, the request for objection will be dismissed. The High Court has directed that if the obligee of the judgment had not deposited the money within the period, then the order which was approved by the Banking Court would have allowed the objection. Shall be deemed to be excluded and the auction buyers are entitled to a sale confirmation

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