2009 PLP 1224 (CLD)
Mian SULTAN AHMED — Appellant Versus ALLIED BANK LIMITED through Manager — Respondent
| Citation | 2009 PLP 1224 (CLD) |
| Forum / Court | Lahore |
| Bench Members | N/A |
| Parties | Mian SULTAN AHMED — Appellant Versus ALLIED BANK LIMITED through Manager — Respondent |
| Primary Law | Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001) |
Q1: What are the key laws and sections cited in 2009 PLP 1224 (CLD)?
This judgment primarily cites: Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001) as referenced in Pakistani case law index.
Q2: Which judicial bench decided the case 2009 PLP 1224 (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: 2009 PLP 1224 (CLD) (Mian SULTAN AHMED — Appellant Versus ALLIED BANK LIMITED through Manager — Respondent). Read the full summary and cross-referenced laws free on Pakistan Law Portal.
Laws Cited
Representation
- Syed Fazal Mahmood for Respondent.
Headnotes / Summary
S.22--Appeal
Appellant had stated that he did not want to pursue the appeal and wanted to withdraw the same, if the decretal amount was recovered from the appellant through instalments
Counsel for Bank had no objection to the statement of the appellant--Appeal was dismissed as having been withdrawn, however, it was directed that the decretal amount should be recovered by the Bank from the appellant through instalments, accordingly.
Judgment & Decree
Learned counsel for the appellant states that he does not want to pursue the appeal and has the instruction to withdraw the same, if the decretal amount is recovered from the appellant through instalments.
2. Learned counsel for the respondent-Bank has no objection to the above.
3. In the light of above, this appeal is dismissed as having been withdrawn, however, we direct that the decretal amount should be recovered by the respondent-Bank from the appellant through instalment of Rs.11,000 each payable after every two months; the last instalment shall be of Rs.11,897, whereas the amount of cost of suit and cost of funds as calculated by the learned Executing Court, shall be paid by the appellant in further period of three months through equal instalments. H.B.T./S-75/L Order accordingly.