MCB BANK LIMITED vs TANVEER SPINNING AND WEAVING MILLS S — 2023 CLD 491 LAHORE-HIGH-COURT-LAHORE

Case information

Citation: 2023 CLD 491 LAHORE-HIGH-COURT-LAHORE
Court: Lahore High Court
Year: 2023
Reporter: CLD
Parties: MCB BANK LIMITED vs TANVEER SPINNING AND WEAVING MILLS S
Provisions referred to: S. 9---S

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

MCB BANK LIMITED VS TANVEER SPINNING AND WEAVING MILLS S. 9---Suit for recovery of finance facility---Maintainability---Locus standi to institute suit---Attorney holder---Suit was instituted by bank official who was attorney holder of the Bank---Defendant/customer raised objection that suit was not instituted by a competent person---Validity---Attorney holder was authorized through Special Power of Attorney executed in his favour by the President and Chief Executive of plaintiff Bank to institute the suit---Chairman of Board of Directors of plaintiff Bank appointed general power of attorney authorizing him to further delegate his powers authorizing him certain powers including the powers to take all requisite steps/actions in relation to legal proceedings of plaintiff Bank---Suit was instituted by competent person having requisite authority from President/CEO of plaintiff Bank under special power of attorney---Objection was rejected, 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