G.A. TRADERS SOLE PROPRIETORSHIP through Haji Ghazanfar Ali vs ALLIED BANK LIMITED Ss — 2023 CLD 1332 LAHORE-HIGH-COURT-LAHORE

Case information

Citation: 2023 CLD 1332 LAHORE-HIGH-COURT-LAHORE
Court: Lahore High Court
Year: 2023
Reporter: CLD
Parties: G.A. TRADERS SOLE PROPRIETORSHIP through Haji Ghazanfar Ali vs ALLIED BANK LIMITED Ss
Subject matter: Civil

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

G.A. TRADERS SOLE PROPRIETORSHIP through Haji Ghazanfar Ali VS ALLIED BANK LIMITED Ss. 19 & 22---Execution of decree---Mark-up, recovery of---Appellant/judgment debtor was aggrieved of including mark-up in decree for beyond contractual period---Validity---At the time of passing decree in question Banking Companies (Recovery of Loans, Advances, Credits and Finances) Ordinance, 1997, was in force---Harshness of previous law permitted award of continuous mark-up beyond contracted mark-up---Executing Court could not extend benefit of new law by replacing mark-up awarded by Banking Court under Banking Companies (Recovery of Loans, Advances, Credits and Finances) Ordinance, 1997, with the award of cost of funds permitted under Financial Institutions (Recovery of Finances) Ordinance, 2001---This would amount to empowering Executing Court to amend the decree---High Court declined to interfere in the order passed by Executing Court---Appeal was dismissed, in circumstances.

Other judgments reported in 2023 CLD

2023 CLD 393 LAHORE-HIGH-COURT-LAHORESTATE LIFE INSURANCE CORPORATION OF PAKISTAN VS SURRIYA ASGHAR S. 118---Civil Procedure Code (V of 1908), O. XIV, R. 1---Payment of liquidat…
2023 CLD 1184 SUPREME-COURTQazi HUMAYUN VS Mst. SABIHA QAYUM all objections regarding liability and its discharge come to a close after the lapse of the limitation per…
2023 CLD 1184 SUPREME-COURTQazi HUMAYUN VS Mst. SABIHA QAYUM Notice---Party residing outside Pakistan---Under the law service by publication is good service even in re…
2023 CLD 466 SUPREME-COURTSAIF POWER LIMITED VS FEDERATION OF PAKISTAN through Secretary Ministry of Law, Civil Secretariat Islamabad Ss. 231, 263 & 265---Security an…
2023 CLD 297 SUPREME-COURTSUMMIT BANK LIMITED, LAHORE VS M. M. BROTHERS, PROPRIETORSHIP CONCERN O. XXI, Rr. 66 & 67(2)---Proclamation of sales by public auction---Com…
2023 CLD 297 SUPREME-COURTSUMMIT BANK LIMITED, LAHORE VS M. M. BROTHERS, PROPRIETORSHIP CONCERN O. XXI, Rr. 64, 65, 66, 67 & 90---Proclamation of sales by public auct…

Back to the case-law library · Search Pakistani case law in Urdu or English