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SYED KHADIM HUSSAIN versus JUDGE BANKING COURT NO.III, LAHORE


Section 19 (3) Constitution of Pakistan, Article 199 Constitutional Petition The applicant's complaint was that the defendant / applicant of the sale of the mortgaged property through a public auction executing the decree passed by the banking court, the reserve price of the property. The auction is intended. There was a very low price and, depending on the accrual report, the executive court erroneously determined it and the reserve price of the property should have been fixed at the market rate. Accuracy The reserve price was always temporary in nature and was the lowest price from which the bid began. The lower reserve price attracted more bidders to participate in the fair competition because the decision maker was unlikely to be biased because he would be interested in the final bid, namely the bidder's offer, at which price The property will be worth it. The constitutional application for sale was dismissed accordingly

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