LANVIN TRADERS, KARACHI versus PRESIDING OFFICER, BANKING COURT NO.2, KARACHI
Article 19 Civil Procedure Code (V of 1908), A XXI, Rr 66 and 89 Limitation Act (IX of 1908), Schedule I, execution of a decree issued by Article 116 Banking Court through a public auction decree The sale of the property was canceled by the banking court in the amount of Rs 1,67,02,105 for the auction property rights of the property scope recovery suit filed against the defendant by the bank. 84 The bank awarded the mortgage from the mortgage sale. OXXI, R 66 Property under real estate, CPC Banking Court has issued a declaration for sale in which the executed property has been filed. K was ordered to sell the highest bidder in the amount of Rs. 1,35,00,000 to the Observer / Appellant, who was executed by a stranger under Section 151, CPC. An application was filed in which it offered a property value of Rs 1,55,00,000 for the property, but stated that the application was dismissed by the banking court after which the objector and the defendant The petitioner filed a joint petition under section 151, CPC, in which the offer of property value has been increased from Rs 1,55,00,000 to Rs 1,67,02,106 however it It has also been said that Darkh Wast was also excluded on the basis that the complainant had failed to establish his right or title in relation to the property in question and also to establish his locus standi for filing the application (s) under section 151, The CPC appeal filed by the complainants against the order of the Banking Court was also dismissed by the High Court's authenticity objector, the alien in the proceedings, in Section 151, CPC
