Plaintiff's bank for declaration of ownership of the Property Act (IV of 1882) Section 42, Financial Institutions (Recovery of Finance) Ordinance (XLVI of 2001), Sections 19 and 23 Civil Procedure Code (V of 1908), O VII, R 11 The sale agreement was that the suit was held in mortgage with the property bank, and that the seller was a decree under execution to recover the loan amount from the defendant. And that the execution of such contract was void at the time of execution. Accuracy Vendor's claimant had not yet cleared the bank's liabilities due to the collapse of the financial institution's financing (finance recovery) ordinance under section 23 (2) of the agreement. , 2001 was invalid and had no legal effect, the plaintiff had no right to retain such suit under section 42 of the Special Relief Act 1977 and was unable to retain the plaintiff in such case. Was rejected on.
Related judgments — Karachi High Court Sindh, 2009