Section 5, Schedule Transfer of Property Act (IV of 1882), Section 43 Constitution of Pakistan, Article 199 Constitutional Petition for Recovery of Allowance, Scope Execution Petition Auctioneer deposits a substantial amount in exchange for the buyer's auction proceedings. The Crowana Bona fide buyer did not appear in the execution of the scope judgment debtor, in which the bailiff submitted a guarantee that he would pay the deductible money, in which case the auction buyer moved an application seeking permission to collect the illegal money but That was the honor of submitting a guaranteed bond with a guaranteed loss of authenticity The obligation to pay the money was recorded and the statement was recorded in such a way that the judicial obligation did not appear and the property of the surety was enclosed and auctioned. The auction was not purchased by the buyer nor was the auction confirmed. Neither was the certificate of sale the property was reviewed or handed over to the auction buyer; the applicant was a sincere buyer of the disputed property without notice and was protected under Section 43 of the Transferred Property Act, 1882 , The revenue record was silent in relation to court proceedings. For the purchase / transfer of property in favor of the auction buyer, the guarantee will have to be paid to the extent that it guarantees that the amount collected due to non-payment of the data by the guarantor Can't be fined. Applicant of the judgment had purchased the property from him and stepped into the shoes of the surety and he was responsible for that guarantee only when the guarantees paid the future responsibility of the debtor.
Related judgments — Lahore High Court Lahore, 2014
