MEEZAN BANK LIMITED vs WAPDA FIRST SUKUK COMPANY LIMITED Ss — 2022 CLC 974 LAHORE-HIGH-COURT-LAHORE

Case information

Citation: 2022 CLC 974 LAHORE-HIGH-COURT-LAHORE
Court: Lahore High Court
Year: 2022
Reporter: CLC
Parties: MEEZAN BANK LIMITED vs WAPDA FIRST SUKUK COMPANY LIMITED Ss
Subject matter: Criminal

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

MEEZAN BANK LIMITED VS WAPDA FIRST SUKUK COMPANY LIMITED Ss.88 & 11---Inter-pleader suit---Res judicata, principle of---Applicability--- Decision of Court in an interpleader suit indemnifies plaintiff on payment of money or delivery of property against claimants and if other suits are filed they must be stayed---If claimants' claims are not decided in inter-pleader suit, they may be adversely affected and even if plaintiff claims it does not seek indemnification the decision operates as res judicata between the parties.

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