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ALI PAPER AND BOARD INDUSTRIES LTD. versus BANKERS EQUITY LTD


Sections 10, 5 and 6 (1) of the Limitation Act (IX of 1908), Article 166 Banking Companies (Loans, Progress, Credit and Recovery of Financial Issues) Act (XV of 1997), Section 15 Civil Procedure Code (V of 1908) , OXXI property 89, 90 89, property 90 and property 92 dec Decision execution Property sale execution, restoration of non-performing assets and restoration of industrial projects (Legal proceedings) Ordinance, Section 6 (1) of the Auction 2000 Transfer the hanging application under the High Court. In the absence of a procedure for confirmation of sale under the validation of the sale, before the expiry of thirty days on 1 1, 2002, in favor of the successful bidder on 29 12 2001, the procedure provided in the CPC Will apply to anyone in O XXI, Rr. 89 and 90, CPC, including the creditors of the judgment, were denied the appellant (decision debtor) affected by the sale under Article 166 of the Sales Act, 1908. The 30-day period is legally set to file an objection

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