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ASKARI COMMERCIAL BANK LIMITED versus ZAFAR AHMED


The sale of mortgaged goods was declared as the highest bidder through the auction implementation of the Sections 9 and 19 suit loan collection, the sale of the mortgaged goods was confirmed in its favor and the Balance Sale had raised the issue. Was submitted to the court applicant Nazir. Did not participate in the auction and did not give any reason for not doing so, after the sale of the goods, a bid was filed for approval, after which the applicants in favor of the auction buyer did not submit the bid to Nazir. No reason was provided. At the conclusion of the auction, the petitioner was presented to the court by the petitioner, which was fixed in a bid to be valid in public notice, had no legal value and was considered a violation of the auction buyer's rights. Could not be given. Enjoying such requests after the sale is closed is affecting the sanctity of the auction by the court as well, and this will not be possible. The sale will end with the auction of the court and the sanctity of the court will end. There was no allegation of any kind of misconduct, irregularities and fraud in the auction proceedings, which was terminated by the court, and no one questioned the legality of the auction. Request rejected

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