2003 PLP 836 (MLD)
MUHAMMAD ASIF BODLA and others — Petitioners Versus SMALL BUSINESS FINANCE CORPORATION (SME BANK LTD.) and others — Respondents
| Citation | 2003 PLP 836 (MLD) |
| Forum / Court | Lahore |
| Bench Members | N/A |
| Parties | MUHAMMAD ASIF BODLA and others — Petitioners Versus SMALL BUSINESS FINANCE CORPORATION (SME BANK LTD.) and others — Respondents |
Q1: What are the key laws and sections cited in 2003 PLP 836 (MLD)?
This judgment primarily cites: statutory provisions as referenced in Pakistani case law index.
Q2: Which judicial bench decided the case 2003 PLP 836 (MLD)?
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: 2003 PLP 836 (MLD) (MUHAMMAD ASIF BODLA and others — Petitioners Versus SMALL BUSINESS FINANCE CORPORATION (SME BANK LTD.) and others — Respondents). Read the full summary and cross-referenced laws free on Pakistan Law Portal.
Representation
- M. Shamshir Iqbal Chughtai for Petitioner.
Headnotes / Summary
Art.199
Constitutional petition
Grievance of petitioners was that Finance Corporation had issued a notice to them for recovery of amount of loan whereas petitioners had paid the said amount, which, had not been adjusted by the Corporation in its accounts
Petitioners were directed to approach the Corporation with a written application containing contention raised by them in their Constitutional petition within specific period and Corporation if approached, would make rendition of accounts to petitioners and supply a copy of the statement of accounts to them and if some amount was found outstanding against the petitioners, they would deposit the same and no coercive mode of recovery would be adopted by the Corporation against them till the specified date.
Judgment & Decree
Art.199
Constitutional petition
Grievance of petitioners was that Finance Corporation had issued a notice to them for recovery of amount of loan whereas petitioners had paid the said amount, which, had not been adjusted by the Corporation in its accounts
Petitioners were directed to approach the Corporation with a written application containing contention raised by them in their Constitutional petition within specific period and Corporation if approached, would make rendition of accounts to petitioners and supply a copy of the statement of accounts to them and if some amount was found outstanding against the petitioners, they would deposit the same and no coercive mode of recovery would be adopted by the Corporation against them till the specified date. M. Shamshir Iqbal Chughtai for Petitioner. The petitioner has availed of the Financial Facility from the respondent No.1 Small Business Finance Corporation to the tune of Rs.3,00,000.
2. The learned counsel for the petitioner submits that the respondents has issued a notice to the petitioner for the recovery of Rs.4,28,
554. Further submits that the amount paid by the petitioner has not been adjusted in the account.
3. If it is so, the petitioner is directed to approach respondent No. 1 with a written application containing the contentions raised herein this petition within 15 days i.e. 15-10-2002 and the said respondent if approached will make rendition of account with the petitioner and supply a copy of the statement of account to him and if some amount is found outstanding against the petitioner, he will, deposit the same and the petitioner if still feels dissatisfied, may avail of the alternate remedy available to him under the law. However, no coercive mode of recovery shall be adopted against the petitioner till the said date and after the expiry of the said date, this injunctive order shall cease to have its legal affect:
4. Disposed of in the above terms. H.B.T./M-1717/L Order accordingly.