2008 PLP 1311 (CLD)
ZARAI TARAQIATI BANK — Petitioner Versus LAEEQ AHMED — Respondent
| Citation | 2008 PLP 1311 (CLD) |
| Forum / Court | Supreme Court of Pakistan |
| Bench Members | Muhammad Nawaz Abbasi and Ghulam Rabbani, JJ |
| Parties | ZARAI TARAQIATI BANK — Petitioner Versus LAEEQ AHMED — Respondent |
| Primary Law | Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001) |
Q1: What are the key laws and sections cited in 2008 PLP 1311 (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 2008 PLP 1311 (CLD)?
The case was heard and decided by the Supreme Court of Pakistan bench comprising: Muhammad Nawaz Abbasi and Ghulam Rabbani, JJ.
Q3: What is the official citation format for this judgment on Pakistan Law Portal?
Cite this legal precedent as: 2008 PLP 1311 (CLD) (ZARAI TARAQIATI BANK — Petitioner Versus LAEEQ AHMED — Respondent). Read the full summary and cross-referenced laws free on Pakistan Law Portal.
Laws Cited
Representation
- ----S. 9---Constitution of Pakistan (1973), Art.185(3)---Petitioner had stated that the proceedings in the suit filed by the petitioner involving the same dispute in the Banking Court, had matured for conclusion; and if the execution of the decree passed by the High Court in the suit filed by the respondent against the petitioner under challenge before the Supreme Court in the present petition, was stayed till the decision of the suit of petitioner Bank, he would not press the petition---Counsel for respondent, had stated that respondent would not agitate for the execution of decree pending disposal of the suit filed by the petitioner Bank---Petition was disposed of by the Supreme Court with direction that pending final decision of the suit filed by the petitioner Bank against the respondent in the Banking Court, decree would not be executed.
- Muhammad Siddiq Mirza, Advocate Supreme Court for Petitioner.
- A.A. Siddiqui, Advocate-on-Record for Respondent.
Headnotes / Summary
S. 9
Constitution of Pakistan (1973), Art.185(3)
Petitioner had stated that the proceedings in the suit filed by the petitioner involving the same dispute in the Banking Court, had matured for conclusion; and if the execution of the decree passed by the High Court in the suit filed by the respondent against the petitioner under challenge before the Supreme Court in the present petition, was stayed till the decision of the suit of petitioner Bank, he would not press the petition
Counsel for respondent, had stated that respondent would not agitate for the execution of decree pending disposal of the suit filed by the petitioner Bank
Petition was disposed of by the Supreme Court with direction that pending final decision of the suit filed by the petitioner Bank against the respondent in the Banking Court, decree would not be executed.
Judgment & Decree
The learned counsel for the petitioner at the outset, stated that the proceedings in the suit filed by the petitioner involving, the same dispute in the Banking Court at Karachi, is matured for conclusion and if the execution of the decree passed by the High Court in the suit filed by the respondent against the petitioner under challenge before this Court in the present petition, is stayed till the decision of the suit of Bank, he will not press this petition before this Court at this stage. The learned counsel appearing on behalf of Laeeq Ahmed, respondent, has stated that respondent will not agitate for the execution of decree pending disposal of the suit filed by the Bank.
2. In view, of the position taken by the learned counsel for the parties, we dispose of this petition with direction that pending final decision of the suit filed by the Bank against the respondent in the Banking Court, at Karachi, the decree passed in the shit titled 'Laeeq Ahmed v. Zarai Taraqiati Bank' shall not be executed. This petition is accordingly disposed of. H.B.T./Z-6/SC Order accordingly.