MUSLIM COMMERCIAL BANK LIMITED THROUGH GENERAL ATTORNEY versus MESSRS CHAUDHRY APPARELS LIMITED THROUGH CHIEF EXECUTIVE AND 11 OTHERS
Sections 915 and 19 Implementation of litigation for debt collection Procedure for sale of mortgaged property without the intervention of the court Applicant for auction / buyer Auction certificate issued by auction in connection with residential property purchased by him Had to The order, which was mortgaged with Holder Bank, the bank sold in favor of the applicant / auction buyer without the court's intervention, since the sale effect without the court's intervention came into force following the approval of the decree. 9 fell into the realm of financial institutions. Finance) Ordinance, 2001 In the event of a sale of a mortgaged property by a financial institution without the intervention of the court, the transfer of title will be through the agreement of the said financial institution, not by a court. Certificate of sale
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