CLD 2005

2005 PLP 626 (CLD)

Messrs HABIB BANK LIMITED — Plaintiff Versus Messrs PAN ISLAMIC STEAMSHIP CO. LIMITED and 6 others — Defendants

Jurisdiction / Court
Karachi
Decided Date
2005-January-17
Honorable Judges
N/A
Case Reference Summary (AEO Optimized)
Citation 2005 PLP 626 (CLD)
Forum / Court Karachi
Bench Members N/A
Parties Messrs HABIB BANK LIMITED — Plaintiff Versus Messrs PAN ISLAMIC STEAMSHIP CO. LIMITED and 6 others — Defendants
Primary Law (c) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001), (b) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001), (a) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001)
💡 Quick Legal QA & Summary / سوال و جواب خلاصہ
Q1: What are the key laws and sections cited in 2005 PLP 626 (CLD)?

This judgment primarily cites: (c) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001), (b) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001), (a) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001), (d) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001) as referenced in Pakistani case law index.

Q2: Which judicial bench decided the case 2005 PLP 626 (CLD)?

The case was heard and decided by the Karachi 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 626 (CLD) (Messrs HABIB BANK LIMITED — Plaintiff Versus Messrs PAN ISLAMIC STEAMSHIP CO. LIMITED and 6 others — Defendants). Read the full summary and cross-referenced laws free on Pakistan Law Portal.

Laws Cited

(c) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001) (b) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001) (a) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001) (d) Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001)

Representation

  • A. R. Akhter, Saalim Salam Ansari, Saadat Yar Khan, Aasim Mansoor and Sumiya Usmani, Advocates.
  • Walid Ansari holding brief for Qazi Faez Issa, Advocate.

Headnotes / Summary

S. 10

Suit for recovery of loan

Grant of leave to defend the suit

Defendant had sought unconditional leave to defend the suit urging that she being widow of the deceased guarantor, who was alleged to have executed the personal guarantee, no personal liability could be foisted on his legal heirs

Held, such controversy could only be resolved and decided at trial after looking at the guarantee

Unconditional leave to defend the suit was granted accordingly.

S. 10

Suit for recovery of loan

Grant of leave to defend the suit

Defendant, a guarantor, had challenged the maintainability of the suit against him and disputed his signature on the letter of guarantee

In order to adjudicate the issue raised and to resolve factual and legal controversies leave to appeal was granted unconditionally.

S. 10

Suit for recovery of loan

Grant of leave to defend the suit

Contention of the defendant was that his signatures on the letter of guarantee were forged and sought unconditional leave to defend the suit

Reports of Handwriting Experts were also on the record which created a doubt on the guarantee

Held, issue in question could only be determined and adjudicated at the trial

Defendant was granted leave to defend the suit accordingly.

S. 10

Suit for recovery of loan

Grant of leave to defend the suit

Contention of the defendants was that legal heirs were not liable under the purported guarantee which was alleged to have been executed by their father

Held, such an issue could be decided at trial

Matter in question being pending for quite some time for consideration, leave to appear and defend the suit was granted to the defendants accordingly.

Judgment & Decree

1. Listed Application (C.M.A. No.6245 of 2001) under Order I, rule 10(2), C.P.C. seeks striking off the name of defendant No.2(b). Learned counsel appearing for the plaintiff, Mr. A. R. Akhter, submits that since defendant No.2(b) has already been joined pursuant to the direction of this Court; therefore, this application amounts to review earlier this Court s order. Under the circumstances, the application is dismissed and disposed of as such.

2. This application (C.M.A. No.9127 of 2001) under section 10 of the Financial Institutions (Recovery of Finances) Ordinance, 2001 has been moved by the defendant No.2(b) seeking leave unconditionally to defend. It is, inter alia, contended by the learned counsel for defendant No.2(b) that defendant No.2(b) is the widow of deceased guarantor, who is alleged to have executed the Personal Guarantee. According to the learned counsel, defendant No.2 has since passed away. No personal liability could be foisted on his legal heirs. Mr. A.R. Akhter, learned counsel for the plaintiff contends that since the right to sue had survived the deceased; therefore, defendant No.2(b) being the legal heir is liable to the extent of the guarantee extended by the deceased. Since such controversy can only be resolved and decided at trial after looking to the guarantee, the defendant No.2(b) has, therefore, made out a case for the grant of leave unconditionally. Leave is granted to the defendant No.2(b) for consideration whether the L.R. of the defendant No.2 are liable under the purported guarantee, if at all, executed by her deceased husband. The application (C.M.A. No.9127 of 2001) is disposed of in above terms.

3. Defendant No.4 has also filed the leave to defend application to challenge the very maintainability of the suit. Defendant No.4 has also disputed the signature on the letter of guarantee. In order to adjudicate the issue raised is found on factual and legal controversy. Accordingly, the application is granted unconditionally. C.M.A. No.298 of 2002 stands disposed of in above terms.

4. Through listed application (C.M.A. No.299 of 2002) under section 10 subsection (12) of the Financial Institutions (Recovery of Finances) Ordinance, 2001 read with section 151, C.P.C., Mr. Saalim Salam Ansari, learned counsel for defendant No.7 contends that defendant No.7 s signature on the guarantee were forged. It appears that the handwriting of defendant No.7 was referred to the Handwriting Expert earlier, the Handwriting Expert called for the documents bearing the signature of defendant No.7 at the relevant time, the alleged guarantee was executed whereafter through another report dated 12-4-2004 expressed doubt as to the signature of defendant No.7 on the guarantee. Mr. A.R. Akhter, learned counsel for the plaintiff contends that the report of the Handwriting Expert is not conclusive as to the veracity claim made by the defendant No.7. Be that as it may, the fact remains that such report do create a doubt on the guarantee. Such issue could only be determined and adjudicated at the trial. Accordingly, defendant No.7 is also granted leave to defend the suit. C.M.A. No.299 of 2002 stands disposed of in above terms. 5 &

6. C.M.As. Nos.300 of 2002 and 301 of 2002 The applications appear to have been filed by the legal heirs of late Mr. A. D. Ahmer by his son and daughter respectively. It is urged by the learned counsel Ms. Sumiya Usmani that the legal heirs are not liable under the purported guarantee which is alleged to have been executed by their deceased father. According to her, right to sue does not survive the deceased. Though Mr. A. R. Akhter, learned counsel for the plaintiff disputes such facts. According to him under the terms of guarantee, the legal heirs of such deceased person are fully liable. Such issue can be decided at trial. Since this matter is pending for quite some time for consideration of leave to defend. Therefore, leave to defend is granted to the said defendants as well. The parties are directed to file issues by consent preferably within a week whereafter the request for appointment of Commissioner to record the evidence of the parties at an early date will be considered. C.M.As. Nos.300 and 301 of 2002 stand disposed of in above terms. M.B.A./H-43/K Order accordingly.