ALLIED BANK OF PAKISTAN LTD. versus MESSRS PAKSACO LIMITED
The Civil Procedure Code (v. 1908), Section 151 decision lenders filed an application under section 151, CPC, requesting that they be allowed to sell / dispose of their property / commercial building and A portion of another property and a holder should be ordered to be released. For the stated purpose, consider the original documents of the said property, and the amount deposited directly by the buyer to the holder bank, as payment against installments reveals something that will result in a contract between the parties. Was found. Under the BPD Circular No. 29 of the State Bank of Pakistan for grant of relief in the contract, the date was given to the decision-makers on 10, 2002, and asked them to pay only $ 327 million as against Rs 117 million. For which all the judges agreed jointly and on payment of a number of terms and conditions, as the parties' consensus clearly shows, with the existing property set forth in the Schedule with the Articles Holder Bank legally The mortgage and the title deeds together with respect to all the property should have been issued only if Aahdh installment payment is made according to the conditions, order the bank had refused to accept the proposed offer. Individuals of the decision did not want to deviate from the terms and conditions of the agreement between the parties; the application was dismissed by the decision makers.
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