CLD 2005

2005 PLP 1638 (CLD)

MUHAMMAD SHARIF and 6 others — Appellants Versus Sheikh RAB NAWAZ and 3 others — Respondents

Jurisdiction / Court
Lahore
Decided Date
N/A
Honorable Judges
N/A
Case Reference Summary (AEO Optimized)
Citation 2005 PLP 1638 (CLD)
Forum / Court Lahore
Bench Members N/A
Parties MUHAMMAD SHARIF and 6 others — Appellants Versus Sheikh RAB NAWAZ and 3 others — Respondents
Primary Law 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 1638 (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 2005 PLP 1638 (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 1638 (CLD) (MUHAMMAD SHARIF and 6 others — Appellants Versus Sheikh RAB NAWAZ and 3 others — Respondents). Read the full summary and cross-referenced laws free on Pakistan Law Portal.

Laws Cited

Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001)

Representation

  • Ch. Zubair Ahmad Farooq for Respondents.

Headnotes / Summary

Ss. 9, 15, 19 & 22

Civil Procedure Code (V of 1908), S. 12(2), & O.XXI Rr.90, 97, 99 & 103

Suit for recovery of amount

Execution of decree

Sale of mortgaged property

Appeal against judgment of Banking Court

Suit was decreed and decretal amount was recovered by sale of mortgaged property and sale certificate was also issued

Appellants had filed application for setting aside judgment and decree of Banking Court and also sought to assail sale of mortgaged property on ground that certain mortgaged property was owned by them

Appellants had also claimed that they were in uninterrupted possession of suit property and had also matured their title

Appellants had failed to show any bona fide legal interest in mortgaged property which could substantiate their claim

Appellants did not object to proceedings either at the time of creation of mortgage or at time of filing of suit by respondent-Bank or at time of execution proceedings

Appellants had not been able to put forward any legal basis for the claim except that they claimed to be in possession of property, mortgaged land

Appellants having failed to indicate any infirmity in the impugned order, appeal against said order was dismissed.

Judgment & Decree

TANVIR BASHIR ANSARI, J.

This F.A.O. is directed against the order dated 6-9-2004 passed by the learned Judge Banking Court, Sargodha whereby the application made by the appellants under section 12(2), C.P.C. and Order XXI, rules 90, 97, 99 and 103, C.P.C. was dismissed.

2. Briefly the facts are that Zarai Taraqiati Bank Limited (ZTBL), Shahpur Branch filed a suit for the recovery of Rs.4,15,189 against Mst. Nilofar Akram respondent No.2 on 20-7-1999. This suit was decreed vide judgment and decree dated 16-11-1999. The final liquidation liability was ordered by sale and auction of the mortgaged property. The judgment-debtor moved a review petition against the said decree on 10-2-2000 but this application was also dismissed on 1-6-2000. Thereafter, the decree-holder filed execution on 4-12-2001. The decretal amount was recovered by the sale of the mortgaged property. The sale Certificate was also issued in May, 2002.

3. It was on 28-7-2004 that the present. appellants (Muhammad Sharif and 7 others) filed the aforementioned application for setting aside of the judgment and decree passed by the Judge Banking Court and also sought to avail the sale of the mortgaged property on the ground that 6 Kanals and 10 Marlas of the mortgaged property was owned by the appellants having purchased the same through an oral sale from Munir Hussain Sheikh, the original owner and father of Mst. Nilofar Akram. It was also claimed that the appellants were in un interrupted possession of the suit property and had also thus, matured their title.

4. The learned Judge Banking Court found that the application moved by the appellants was without any legal or factual basis. The entries in the Revenue Record constantly showed the judgment-debtor and her predecessor-in-interest to be the owner of the mortgaged property and that there was nothing on the record to support the contention raised by the appellants. Obviously, the claim made on the basis of adverse possession was also repelled.

5. The appellants have challenged the impugned order of the Judge Banking Court, Sargodha on the same grounds which were urged before the lower forum. The learned counsel for the appellants has miserably failed to show any bona fide legal interest in the mortgaged property which could substantiate their claim. Neither at the time of creation of mortgage nor at the time of filing of the suit by respondent No.3 nor indeed at the time of execution proceedings did the appellants object to the proceedings. The learned counsel for the appellants has not been able to put forward any legal basis for the claim except that he claims to be in possession of the property which is situated on 6 Kanals and 10 Marlas of the mortgaged land.

6. The learned counsel for the appellants has not been able to indicate any infirmity in the impugned order. Resultantly, there is no merit in this appeal which is hereby dismissed. H.B.T./M-816/L Appeal dismissed.