2005 PLP 874 (CLD)
Messrs INDUS VALLEY RICE MILLS (PVT.) LIMITED through Chief Executive and 4 others — Appellants Versus HABIB BANK LIMITED through Attorneys — Respondent
| Citation | 2005 PLP 874 (CLD) |
| Forum / Court | Lahore |
| Bench Members | N/A |
| Parties | Messrs INDUS VALLEY RICE MILLS (PVT.) LIMITED through Chief Executive and 4 others — Appellants Versus HABIB BANK LIMITED through Attorneys — Respondent |
Q1: What are the key laws and sections cited in 2005 PLP 874 (CLD)?
This judgment primarily cites: statutory provisions as referenced in Pakistani case law index.
Q2: Which judicial bench decided the case 2005 PLP 874 (CLD)?
The case was heard and decided by the Lahore bench comprising: N/A.
Q3: What is the official citation format for this judgment on Pakistan Law Portal?
Cite this legal precedent as: 2005 PLP 874 (CLD) (Messrs INDUS VALLEY RICE MILLS (PVT.) LIMITED through Chief Executive and 4 others — Appellants Versus HABIB BANK LIMITED through Attorneys — Respondent). Read the full summary and cross-referenced laws free on Pakistan Law Portal.
Representation
- Shamas Mehmood Mirza for Respondent.
Headnotes / Summary
S.22
Settlement between parties regarding Subject-matter of appeal
Effect
Appeal had become infructuous as no Live issue was left to be decided
High Court disposed of appeal with observation that if appellant felt that some issues were still undecided, then he could make application within a period of 3 months to reactivate proceedings in appeal.
Judgment & Decree
A.K. Dogar for Appellants. Shamas Mehmood Mirza for Respondent. Instant application has been filed on behalf of the respondent‑Bank with the prayer that Bank may be allowed to place on record copy of letter dated 13‑6‑2003, containing the terms and conditions of the contract, statedly, entered between the parties. It has been stated in he application that the appellants offered to settle the latter under Circular No.29 dated 15‑10‑2002, and the offer was accepted by the respondent‑Bank, which resulted in issuance of letter dated 13‑6‑2003. Let this letter be placed on record subject to all just and legal exceptions. C.M. stands disposed of.
2. Let the main appeal be taken up for hearing today at the joint request of both the learned counsel.
3. Both the learned counsel state that the parties have amicably settled the subject‑matter of the appeal. The learned counsel for the appellants, while placing on record photocopy of pay order, has further submitted that pursuant to the arrangement entered between the parties, the appellants have paid a sum of rupees one million to the respondent‑Bank.
4. In view of the above, as the subject‑matter of the appeal has amicably been settled between the parties, therefore, we feel that no live issues are left to be decided by this Court and the appeal has become infructuous. However, if the appellants feel that some issues are still undecided, in that case they can file an appropriate application to reactivate the proceedings in the appeal within a period of three months from today. Office is to retain the record of this appeal for three months. Appeal stands finally disposed of having become infructurous. S.A.K./I‑82/L Order accordingly.