1991 PLP 2153 (MLD)
MUHAMMAD SADIO — Appellant Versus HOUSE BUILDING FINANCE CORPORATION and others — Respondents
| Citation | 1991 PLP 2153 (MLD) |
| Forum / Court | Lahore |
| Bench Members | N/A |
| Parties | MUHAMMAD SADIO — Appellant Versus HOUSE BUILDING FINANCE CORPORATION and others — Respondents |
Q1: What are the key laws and sections cited in 1991 PLP 2153 (MLD)?
This judgment primarily cites: statutory provisions as referenced in Pakistani case law index.
Q2: Which judicial bench decided the case 1991 PLP 2153 (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: 1991 PLP 2153 (MLD) (MUHAMMAD SADIO — Appellant Versus HOUSE BUILDING FINANCE CORPORATION and others — Respondents). Read the full summary and cross-referenced laws free on Pakistan Law Portal.
Representation
- Muhammad Shamshir Iqbal Chughtai for Respondents.
- 3. Learned counsel for the appellant accepted the offer of the learned counsel for respondents and submitted that this litigation be decided in accordance with the aforesaid terms.
Headnotes / Summary
O.XLIII, R.1 & O. XVIII, R. 3
Compromise of parties during pendency of appeal
Parties having worked out terms of compromise making prayer to Court to decide the appeal in accordance with terms of compromise
Judgment of Court below was modified in accordance with the terms settled between the parties.
Judgment & Decree
2. Both the parties have settled the matter by means of compromise. Learned counsel appearing on behalf of the Corporation submitted that the accumulated amount to the extent of Rs.93,650 is outstanding against the petitioner-appellant on 30-12-1990; that the Corporation is prepared to receive the amount in instalments, in following manner:-- Date of Payment. Rs. 30th December, 1990 30,000. 15th June, 1991 30,000, 15th September, 1991 Remaining amount with future interest.
3. Learned counsel for the appellant accepted the offer of the learned counsel for respondents and submitted that this litigation be decided in accordance with the aforesaid terms.
4. In result this FA.Q. is disposed of. The judgment of the first Court is modified in accordance with the terms indicated above. Muhammad Sadiq, borrower shall make the payment in accordance with the agreed schedule noted above. In case of default the Corporation shall have a right to receive the total amount in lump sum. There shall be no order as to costs. The order of the first Court is accordingly modified. A.A./M-3138/L?????????????????????????????????????????????????????????? ??????????????????????? Order accordingly.