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MESSRS EURO-PLUS MONS BELGIUM THROUGH COUNTRY CHIEF versus MESSRS KIRAN SUGAR MILLS LTD. THROUGH NAUMAN SHAIKH


Sections 19 (2) and 22 Civil Procedure Code (v. 1908), AXXI, RR 85, 89, 65, 66 and 67 State Bank of Pakistan 2002 High Court ordered the court to sell the property through auction Order of appeal for the buyer of property of the judgment decree The High Court's Single Judge's Order, using the jurisdiction of banking in the execution proceedings, to sell the assets of the judgment debtor to the appellant on this basis Decide that the appellant failed to deposit 75% of the balance amount within the time of purchase and that the parties (including lenders) Ruman debt holders) and the State Bank of Pakistan BP-D circular are interested in resolving the dispute under 29. It was suspended for 15 days before the expiry of the term and remained so until it was set aside by the Supreme Court and hence it cannot be said that the appellant's order was violated and compelled. The default court in making payments was also able to extend its appointed time, especially when the matter was still pending before the sale, in order not to deposit the balance amount on the ground. There was no legal force on the 29th of the State Bank of Pakistan BPD Circular 2002 and when the decision makers agreed to settle the matter with the decision maker (and when given the opportunity, Had decided the matter), so it was appropriate for them to have the opportunity to do so. / At the same time, the appellant also has to pay the compensation and the appellant has to pay any compensation on his behalf.

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