| Citation(s) |
|---|
| 2025 SLG 3140 2025 SLD 3140 = 2025 PLD 263 |
C.O.S. No. 28 of 2014, decided on 13th May, 2024.
Before Shams Mehmood Mirza, J
Ashar Elahi and Syed Majid Ali Bukhari for Plaintiff. Haq Nawaz Chattha for Defendants Nos.1 to 8. Zaki ur Rehman for Defendant No.9. Date of hearing: 18th March, 2024.
FAYSAL BANK LIMITED---Plaintiff
VERSUS
Messrs DYNASEL LIMITED and others---Defendants
Law: Financial Institutions (Recovery of Finances) Ordinance, 2001
Section: 9
Law: Civil Procedure Code, 1908
Section: 45, Order II, Rule 2, Order I, Rule 3
Law: Contract Act (IX of 1872)
Section: 128
Law: Qanun-e-Shahadat Order, 1984
Section: 48
(a) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001)---
----S.9---Suit for recovery of finance---Entries of statement of account---Proof--- Parties prove facts stated in pleadings---Statement of account is simply the ledger maintained by bank reflecting outstanding amount of a finance facility but its entries are required to be proved by underlying documents by evidence led by the plaintiff.
(b) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001)---