SHEHZAD ARSHAD vs PERVEZ ARSHAD Ss — 2024 PLD 408 KARACHI-HIGH-COURT-SINDH

Case information

Citation: 2024 PLD 408 KARACHI-HIGH-COURT-SINDH
Court: Sindh High Court
Year: 2024
Reporter: PLD
Parties: SHEHZAD ARSHAD vs PERVEZ ARSHAD Ss

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

SHEHZAD ARSHAD VS PERVEZ ARSHAD Ss. 6 & 8---Reference to alternative Dispute Resolution (aDR)---Valuation Report---Objections---Parties referred to mediation---Dispute between parties was with regard to affairs and assets of a textile mill and it was agreed to refer the matter for aDR---Plaintiff had objected to utilization of assets of the mill---Held, that plaintiff did not demonstrate any material discrepancy and even if Valuation Report cited by him was considered, the only material diminution was on account of plant and machinery but that too was subject to counter allegation of improprieties imputed by defendant to plaintiff predating the agreement---Question of diminution could not be answered without a deeper assessment based on evidence, following which any shortfall could be determined and made good---High Court directed the office to send copies of plaint, written statement and other documents to the mediation centre---High Court referred the parties to mediation accordingly.

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