ZARAI TARAQIATI BANK LIMITED vs YASEEN DAHRI Construction of statutes prescribing limitation — 2022 CLD 118 KARACHI-HIGH-COURT-SINDH

Case information

Citation: 2022 CLD 118 KARACHI-HIGH-COURT-SINDH
Court: Sindh High Court
Year: 2022
Reporter: CLD
Parties: ZARAI TARAQIATI BANK LIMITED vs YASEEN DAHRI Construction of statutes prescribing limitation

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

ZARAI TARAQIATI BANK LIMITED VS YASEEN DAHRI Construction of statutes prescribing limitation---Scope---Limitation laws were statutes of repose, designed to quieten title and to bar stale and waterlogged disputes and were to be strictly complied it---Statutes of limitation by their very nature were strict and inflexible---Law of limitation did not confer a right, and it only regulated the rights of parties---Such regulatory enactments could not be allowed to extinguish vested rights or curtail remedies unless all conditions for such extinguishment of rights and curtailment of remedies were fully complied with in letter and spirit---No scope in law of limitation existed for any equitable or ethical construction; and justice equity and good conscience did not override law of limitation and thus such laws ought to be construed strictly.

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