Haji MEHDI HASSAN AND SONS vs ALLIED BANK LIMITED art — 2024 CLD 137 LAHORE-HIGH-COURT-LAHORE

Case information

Citation: 2024 CLD 137 LAHORE-HIGH-COURT-LAHORE
Court: Lahore High Court
Year: 2024
Reporter: CLD
Parties: Haji MEHDI HASSAN AND SONS vs ALLIED BANK LIMITED art
Subject matter: Criminal
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

Haji MEHDI HASSAN AND SONS VS ALLIED BANK LIMITED art. 84---Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001), S. 9---Suit for recovery---Grant of leave, refusal of---Filing of application for renewal of finance facility, denial of---appellant/customer denied signatures upon sanction letter regarding renewal of finance facility---Validity---Under art. 84 of the Qanun-e-Shahadat, 1984, the Court enjoined plenary powers to itself compare the signature along with other relevant material to effectively resolve the main controversy---High Court compared the signatures of appellants on relevant sanction letter with admitted signatures on sanction advice and found them similar---appellants could not deny said similarity on both documents---Thus, the questions regarding non-filing of application for renewal of finance facility and non-execution of other documents did not arise---appellants were rightly held disentitled for grant of leave---No illegality or infirmity was noticed in the impugned judgment and decree passed by the Banking Court---appeal filed by the customer was dismissed, in circumstances.

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