BANK OF PUNJAB, LAHORE THROUGH MANAGER versus RAJA AMEER KHAN
Section 18 Civil Procedure Code (v. 1908), AXXI, Rr 58, 60 and 62 Transfer of Property Act (IV of 1882), Sections 41 and 52 claiming to be the sole purchaser of property based on the sale of the executor of the Order Has been done Registration of registered sale deed was approved on 9th 1998, 19 proceedings of sale contract were started on 10 1998, the objection was executed on 23 12 1998 and sale process was registered on 29 8 2000. The banking court accepted the objection request and set aside the sale. With the sale agreement being implemented on 23 12, 1998, the Wild Deal registered on 29 8 2000 was not considered to be operative on 23 12 1998 and to record and prove the proof of section 41 of the Transfer of Assets Act, 1882. Without doing so, the object cannot be ignored. Since the mere oral claim the beneficial buyer banking court did not prescribe the defendant's locus standi nor did it consider the provisions of section 2 182 of the Act, the transfer of the property was banned during 1882. Was. The High Court accepted the appeal, set aside the uncontested order and remanded to the Banking Court for its decision.
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