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MEEZAN BANK LIMITED vs WAPDA FIRST SUKUK COMPANY LIMITED S — 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 S
Subject matter
Criminal
Provisions referred to
S. 88---I

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 S.88---Inter-pleader---Connotation---Typical inter-pleader is an innocent stakeholder, who is subject to competing claims---Where claims of defendants are inextricably interrelated it has to be adjudged in the same suit---Relevant ingredient to file inter-pleader suit is that plaintiff / stakeholder has to be neutral to or disinterested in payment of debt or property---If plaintiff / stakeholder has incurred a liability against claimant(s), which has nexus to its obligations and capacity, then such claims should be finally decided in inter-pleader suit---Trial Court cannot discharge plaintiff / stakeholder from further liability in order to sustain inter-pleader suit as such may give an undue advantage to plaintiff filing the suit, where there is potential for claims for damages.

Other judgments reported in 2022 CLC

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