Case Details

Citation(s)
2009 SLG 1848 2009 SLD 1848 2009 CLD 353
Sindh High Court
Suits Nos.B-19 and B-32 C.M.As. Nos.8102, 8772 of 2007, decision dated: 20-11-2008.
AMIR HANI MUSLIM, J
Behzad Haider for Plaintiff (in Suit No. B-19 of 2007 and Defendant in Suit No. B-32 of 2007). Salim Salam Ansari for Defendant (in Suit No. B-19 of 2007 and Plaintiff in Suit No. B-32 of 2007).

PICIC COMMERCIAL BANK LTD.--Plaintiff

VS

. ABBAS ALI KHAN KAIMKHANI--Defendant

Law:

Section:

Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001)------Ss. 10 & 9---Suit for recovery of loan by Bank---Application for leave to defend the suit by the defendant---High Court, in circumstances, while dismissing the application for leave to defend the suit, appointed a firm of Chartered Accountants as Commissioner to examine the books of accounts of the parties and to determine the outstanding amounts, which the defendants had to pay towards the loan availed by them from the plaintiff/Bank---Commissioner firm was given specific directions by High Court; for examination of books of accounts of the parties in that behalf within specified period. ORDER AMIR HANI MUSLIM, J.---By consent the following order is passed:-- Messrs Adil Yousuf & Co. Chartered Accountant Firm is appointed as Commissioner to examine the books of accounts of the parties and to determine the outstanding amounts, which the defendants have to pay towards the loan availed by them from the plaintiff. The Chartered Accountant firm shall also determine whether the loan claimed to have been availed by the plaintiffs were actually disbursed. The Commissioner will examine the amounts, which the defendant has repaid to the…
🔒
Continue readingLogin or create an account to access the complete content.Login / Register

Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in /home/digixyei/sldsystempk.com/view/master-layout/view_case.php on line 492