INDUSTRIAL DEVELOPMENT BANK OF PAKISTAN versus MUHAMNIAD AYUB STONE CRUSHERS
Section 19 Industrial Development Bank of Pakistan Ordinance (XXXI of 1961), Section 39 Civil Procedure Code (VV 1908), O XXI, R 52 & O XXXIV, R 13 Transfer of Property Act (IV of 1882), Sections 48, 50 and 78 Registration Act (XVI of 1908), Section 50 Implementation proceedings Mortgage of the same ownership by the borrower in favor of Bank N by the previous registered process and then sale of property by the Banking Court in favor of another bank. Bank to fulfill the sale decree, but when attached to another court, the possession of the official Assignee property to be attached by another court to the auction buyer S failure, it was such a request to take back the order for sale by the National Bank to hide the first charge on the property registered with the court. Implementing the order, with the acceptance of such request by the Banking Court, it is stated that another bank has to return the sale back to Bank N to the other bank afterwards and in the case of another unregistered bank. It was not a matter of preventing a simple mortgage through the submission of a deadline that the security of a previously mortgaged property was entrusted to the other bank for indebtedness of money judgment due to bank n fraud, misrepresentation or gross negligence. The mortgage registered on it will have notice of its registration to the whole world, to the other bank for the decision on the strength of the property. Qruz Bank which was the amount should try and work before pushing Anne had already been registered. Mortgages Registered mortgages, though later in the time, are, according to OXX, R 13, CPC, pre-registered mortgages.
