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SALMAN CAPITAL INVESTMENTS (PVT.) LIMITED vs MCB BANK LIMITED Ss — 2025 CLD 641 KARACHI-HIGH-COURT-SINDH

Case information

Citation
2025 CLD 641 KARACHI-HIGH-COURT-SINDH
Court
Sindh High Court
Year
2025
Reporter
CLD
Parties
SALMAN CAPITAL INVESTMENTS (PVT.) LIMITED vs MCB BANK LIMITED Ss
Subject matter
Civil

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

SALMAN CAPITAL INVESTMENTS (PVT.) LIMITED VS MCB BANK LIMITED Ss. 22 & 24---Judgment passed by the Banking Court---Appeal, filing of---Limitation---Condonation of delay---Sufficient cause---Appellant (customer / Company), instead of filing within thirty days, filed appeal with a delay of at least 08 months after passing of decree---Validity---It was not explained in the application for condonation of delay that when the certified true copy of impugned judgment and decree (documents) was obtained---Even, as per endorsement date on both the documents, the appeal was filed after delay of two months thereafter, and not within 30 days thereafter---Delay of each and every day in filing the appeal had to be explained---Appellant had miserably failed to account for delay of each and every day in filing the appeal as required by law---The delay apparently caused by indolence and negligence of the appellant was shocking and unconscionable in that no cogent material had been brought on record to justify the same except a vague statement that authorized officer was suffering from some stress causing him mental disorder ; neither the gravity, nor the duration of which had been specifically revealed---Consequently, the application for condonation of delay was dismissed---Appeal, filed by customer / company was also dismissed, in circumstances.

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