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JAVED PAREKH versus MUHAMMAD SAFDAR MALIK


A. XXXVII, the order to provide security to the appellant by the High Court for the collection of R 2 suit money is Rs. Shows the price. About 40 40,00,000 Nazir of the High Court also submitted a report to the court stating that the value of the property under trial is from Rs. 30,000 to Rs. 32,00,000 which the High Court directed. Was That the property offered cannot be accepted as security as its value was less than Rs 40,000 at the time and consequently the appellant was instructed to submit 40,00 within a month. , 000, to furnish fresh security in the sum of Rs. It was agreed that such a guarantee could not be accepted, but the fact that the certificate presented by the appellant may represent an exaggerated price. It is certain that Nazir himself received more property than the amount offered as security, for which no reason has been assigned to revise the first order passed by the High Court. Nor was it shown on which grounds a figure of Rs 40,00,000 reached the Supreme Court, allowed an appeal, set aside the rejected order and directed that the security presented before the High Court be accepted by the Supreme Court. It has been observed, however, that the Supreme Court had to spend considerable time and expense and delay the delivery of justice to the parties.

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