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HABIB BANK LIMITED versus MESSRS KIRAN SUGAR MILLS (PUBLIC) THROUGH MANAGING DIRECTOR


Section 19 Civil Procedure Code (v. 1908), AXXI, RR 65, 66 and 67 Sindh Chief Court Rules (OS), R 351 Auction sale of mortgaged property in execution of decree One of the debtors and the bidders was that OXI, RR 65, 66 and 67, was the publication and violation of the CPC Mandate's sale and publication, because the sale price did not mention the protected price. And was rejected by the banking court. Since the earlier bid was insufficient, it should have ordered an auction, and by not doing so, and instead, the government would have to increase the bid amount not only from the original bidder but from either party. May be of interest. The purchase of the property not only violated the mandate of the law but also terminated its authority from the officers of the Official Assistant Validity Judgment and committed a judicial error, in the present case, prior to the appointment of a government assignment Done. As the Commissioner of E-Property Selling, and before the approval of such order, a petition was filed by the decision-making company. Neither the company offered the value of its assets nor did it object to the disclosure of the specific value of its property in the sale announcement. It was at least on two occasions that the court rejected the bids of various bidders and instructed the Government Assignee to improve the bid amount, but was subsequently decided by the decision makers or the bidder. The object was not raised. He did not even object to the order under which government assistants were instructed to wa

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