NATIONAL BANK OF PAKISTAN versus PARADISE TRADING COMPANY
Creating valid mortgages, sales / title deed copies by filing section (f (f) title deeds) The actual sale work has been lost, with the certified copy of the sale of the property to the property mortgage bank in the country. The respondent was financed by making a mortgage on his property from the bank, and the respondent claimed that the original sale of the property had been lost, so he had submitted the bank's signed signature of the sale agreement, Delivered to the bank with certified copy of the sale and a copy of the FIR - Report that the original sale has been lost. Respondents also provided an affidavit claiming that he was the sole owner of the property due to the lost sale work, and that he had not made any substantial payment to the property, and that That when and after the sale agreement was found, she would submit it to the bank.Then the respondent was defaulted and the banking tribunal passed the order in favor of B. Ink Bank filed the auction for this property. Started, during this time objections were filed by the requisite buyers of the property, who claimed that the respondents had received the property by the respondents. Has sold. That they owned the original title deeds, and the property was not properly held in mortgage in favor of the bank, as the respondent did not provide the original sale agreement at the time of making the mortgage, provided by the respondents. The documents provided were sufficient for the bank. Accepting defendant's assurance that the original sale was lost. Investigation of original sales work is practically possible for the bank
