| Citation(s) |
|---|
| 2004 SLG 546 2004 SLD 546 2004 CLD 391 |
Lahore High Court
Regular First Appeals Nos. 187 and 179 of 2002, decision dated: 10-02-2003
MIAN SAQIB NISAR, JUSTICE JAWWAD S. KHAWAJA, JUSTICE
Haq Nawaz Chattha for Appellants. Mushtaq Mehdi Akhtar for
Respondent No. 1. Sajid Mehmood Sheikh for
Respondent No. 5. Nemo for the Remaining
Respondents.
Regular First Appeals Nos. 187 and 179 of 2002, decision dated: 10-02-2003
MIAN SAQIB NISAR, JUSTICE JAWWAD S. KHAWAJA, JUSTICE
Haq Nawaz Chattha for Appellants. Mushtaq Mehdi Akhtar for
Respondent No. 1. Sajid Mehmood Sheikh for
Respondent No. 5. Nemo for the Remaining
Respondents.
MUHAMMAD IMTIAZ SHAFIQUE AND ANOTHER
VS
UNION BANK LIMITED THROUGH BRANCH, MANAGER AND 6 OTHERS
Law: Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001)
Section: 17
Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001)--Ss. 17 & 22---Appeal against decree for recovery of loan amount---Appellant (Guarantor) stated that principal debtor had applied to Bank to write off balance decretal amount, and in case same was written off, then no further amount would be payable by appellant---Counsel for Bank admitted such facts---Appellant for time being did not press appeal and reserved his right that if balance was not written off to principal debtor, he might apply for revival of appeal to be decided on merits---High Court disposed of appeal. ORDER Regular First Appeals Nos.187 of 2002 and 179 of 2002, are being disposed of together, as both involve common question of law and facts. 2. Learned counsel for the appellants states, that the principal debtor, has applied to the Bank for the write off of certain decretal amount, which matter is yet pending consideration with…
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