HUMAIRA MEHBOOB vs SUMMIT BANK LIMITED O — 2023 CLD 525 LAHORE-HIGH-COURT-LAHORE

Case information

Citation: 2023 CLD 525 LAHORE-HIGH-COURT-LAHORE
Court: Lahore High Court
Year: 2023
Reporter: CLD
Parties: HUMAIRA MEHBOOB vs SUMMIT BANK LIMITED O
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

HUMAIRA MEHBOOB VS SUMMIT BANK LIMITED O. XXI, R. 66(2)(e), proviso---Reserve price---Court, duty of---Scope---Fixing value of property is a matter of opinion and Court cannot give its opinion on such point---Object of proviso to O. XXI, R. 66(2)(e), C.P.C., is to relieve Court from the burden of affirming accuracy of value of property shown in proclamation of sale and to enable prospective purchaser to form his own opinion relying upon the estimates given by parties---Provision of O. XXI, R. 66(2)(e), C.P.C. stipulates that proclamation must contain every other thing which the Court considers material for a purchaser to know in order to judge nature and value of property.

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