Case Details

Citation(s)
2023 SLG 542 2023 SLD 542 2023 CLD 324
Lahore High Court
R.F.A. No. 176 of 2021, heard on 24th January, 2022. heard on: : 24th January, 2022.
MUZAMIL AKHTAR SHABIR AND SULTAN TANVIR AHMAD, JJ

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MEEZAN BANK LIMITED and others

VS

Syed HASSAN MEHMOOD SHAH

Law: Financial Institutions (Recovery of Finances) Ordinance, 2001

Section: 9,10,22

Law: Specific Relief Act, 1877

Section: 42,54

Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001)--- ----Ss. 9, 10, 22---Specific Relief Act (I of 1877), Ss. 42, 54---Suit for declaration and injunction---Leave to defend the suit, non-decision of---Recovery of possession of leased vehicle---Appellant/Bank took over possession of vehicle leased to respondent/plaintiff---Banking Court without deciding application for leave to defend the suit passed decree in favour of respondent/plaintiff---Validity---Banking Court was obliged under S. 10(8)(9)(10), (11) of Financial Institutions (Recovery of Finances) Ordinance, 2001 to consider application for leave to defend and to accept or reject the same keeping in view of any question of law and facts requiring evidence was raised therein as well as if conditions given in S. 10(3)(4) and (5) of Financial Institutions…
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