RAFI COTTON INDUSTRIES (PVT.) LTD. vs BANK AL-HABIB Single bidder — 2025 CLD 517 LAHORE-HIGH-COURT-LAHORE

Case information

Citation: 2025 CLD 517 LAHORE-HIGH-COURT-LAHORE
Court: Lahore High Court
Year: 2025
Reporter: CLD
Parties: RAFI COTTON INDUSTRIES (PVT.) LTD. vs BANK AL-HABIB Single bidder
Subject matter: Criminal
Provisions referred to: Civil Procedure Code (V of 1908)

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

RAFI COTTON INDUSTRIES (PVT.) LTD. VS BANK AL-HABIB Single bidder---Scope---Presence of single bidder or availability of single bid is contrary to the spirit of public auction. Citation Name: 2025 CLD 517 LAHORE-HIGH-COURT-LAHOREBookmark this Case RAFI COTTON INDUSTRIES (PVT.) LTD. VS BANK AL-HABIB Ss. 19 & 22---Civil Procedure Code (V of 1908),O. XXI, Rr.69 & 84---Execution proceedings---auction---aborted sale---appellant / judgment debtor assailed auction proceedings on the plea that the highest bidder defaulted and property was sold to respondent---Validity---Practice of continuing further with an aborted sale, is not permitted under O. XXI, R. 84, C.P.C., if default has been committed by successful purchaser---By offering the option to purchase to the lower and then to the lowest bidder tantamount to hedging the success of auction and this is not required under O. XXI, R. 84, C.P.C.---High Court declared auction in favour of respondent as nullity and set aside order confirming auction sale---appeal was allowed, in circumstances.

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