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HABIB BANK LIMITED versus TAUQEER AHMED SIDDIQUI


Sections 3, 9 and 17 Civil Procedure Code (v. 1908), Sections 151, 152 and 153 Cost of decree funds for recovery of loan amount, such costs in non-delivery of application for modification of bank order. Requested to be removed from the application of the cost by the Banking Court as per Section 17 of the Financial Institutions read with Section 3 (Recovery of Taxes) Ordinance 2001 was mandated that the Banking Court In its judgment it did not observe that the bank was not entitled to such expenditure from the date of default. The Bank of Public Money was entitled to such costs. The High Court accepted the appeal under the circumstances

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