REGISTRAR OF COMPANIES, PAKISTAN THROUGH JOINT REGISTRAR OF COMPANIES versus TAJ COMPANY LTD.
In the place of execution of Sections 19 and 22, the L decree attached by the K group property to the Banking Court and another by the bank holding that such property cannot be attached because such property has been transferred by the Banking Court. Failure was purchased at the default reserve price at auction. By satisfying the received principal mortgage and mortgage received judgment, the Caladity Observer Bank filed a case against Principal Lender and Property Mortgage by K on the spot. In his statement to the court in the premises, El claimed that he owns three properties, including three properties in the place, which he has listed on the names of his family members, and one who objected to such mortgages and properties. The only objectionable bank was that in the absence of proof in the record the property of the mortgagee (principal debtor) to acquire property including the property in the plug, the principal debtor, the embezzlement money laundering belonging to his company and Recycling had appeared in court that L Objector Bank had strong financial ties with the alleged principal debtor And presented it in debt to the Observer Bank knowing of the current execution proceedings, though the bank has claimed equal mortgage in favor of the other two properties and in connection with the same. Has demonstrated collective protection, but did not challenge the seller's court order on L, and such inaction by the objecting bank would render its request invalid and fraudulent. And the implementation of collective and fictitious sales in implementing collective orders
Related judgments — Lahore High Court Lahore, 2013
