AHMED KULI KHAN KHATTAK versus CREEK MARINA (SINGAPORE) PVT. LTD.
Section 2 (3) of the Specific Relief Act (I of 1877), Section 12 Civil Procedure Code (V 1908), O XXXX, Rr 1 and 2 suits, the specific performance of the contract to sell the interim order, the purchase of shares The plaintiff's approval and two other persons contracted with the defendant, the defendants opposed the interim injunction on the plea that the plaintiff failed to pay the terms of the contract, for the purchase of the entire shareholding of the plaintiff. 5.5 million was not paid under a clause of the claimant in the dispute, claiming that another payment of $ 5 million was made under the second clause of the contract. The interim injunction, which was denied by the defendant High Court for the purposes of applying for a restraining order, proceeded on the basis that the plaintiff had paid temporarily. Initial litigation and defendants' conduct appeared in the case and in connection with the transaction and before the High Court left much to be desired. Undoubtedly a large part of the sale against the plaintiff and the defendants was unpaid and, therefore, the defendants must also be protected, the High Court directed the plaintiff to provide bank guarantee in the amount of 25 million dollars. Submitted or equivalent Pakistani rupees and interim orders were approved. Application was allowed accordingly \ r \ n Application r \ n
Related judgments — Karachi High Court Sindh, 2012