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NIB BANK LIMITED versus APOLLO TEXTILE MILLS LIMITED

A. XXI, R 66 Financial Institutions (Restoration of Finance) Ordinance (XLVI of 2001), the execution mode with the decision of the court with or without the intervention of the court will automatically change the process of execution by the court. The court had discretion. After selecting and requesting an OXI clause, the CP, CPC later auction proceedings and issue public notices for sale by newspaper representatives, to adopt a method to execute the court or financial institution. Could not refrain from its explicit clauses. Protect the rights of decision-makers by trying to bring about fair value through the sale of their property and refrain from selling it on pricing principles.

Related judgments — Karachi High Court Sindh, 2013

• ADMORE GAS (PVT.) LIMITED v. STANDARD CHARTERED BANK (PAKISTAN) LIMITED 2013 CLD 423
• Syeda AFSHAN v. Syed FARUKH ALI 2013 PLD 423
• SHAHZADA SHAHBAZ alias KASHIF v. State 2013 MLD 429
• NIAZ AHMED v. State 2013 PCrLJ 429
• Mst. SHAH BIBI v. NABI BUX 2013 YLR 432
• MIRPURKHAS SUGAR MILLS LTD. v. FEDERATION OF PAKISTAN through Secretary, Ministry of Science and Technology, Government of Pakistan 2013 MLD 433
• Mrs. SHAHIDA HUSSAIN v. KARACHI AMERICAN SCHOOL 2013 CLC 437
• MEEZAN BANK LIMITED v. WAPDA FIRST SUKUK COMPANY LIMITED 2013 CLD 439

All Karachi High Court Sindh judgments of 2013 →

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