P L D 1991 Supreme Court 729 (PLP)
Messrs MUMTAZ INDUSTRIES through Haji Karim Bakhsh and 2 others‑‑Petitioner Versus INDUSTRIAL DEVELOPMENT BANK OF PAKISTAN and another‑‑Respondents
| Citation | P L D 1991 Supreme Court 729 (PLP) |
| Forum / Court | |
| Bench Members | Single Bench |
| Parties | Messrs MUMTAZ INDUSTRIES through Haji Karim Bakhsh and 2 others‑‑Petitioner Versus INDUSTRIAL DEVELOPMENT BANK OF PAKISTAN and another‑‑Respondents |
Q1: What are the key laws and sections cited in P L D 1991 Supreme Court 729 (PLP)?
This judgment primarily cites: statutory provisions as referenced in Pakistani case law index.
Q2: Which judicial bench decided the case P L D 1991 Supreme Court 729 (PLP)?
The case was heard and decided by the bench comprising: Honorable Judges.
Q3: What is the official citation format for this judgment on Pakistan Law Portal?
Cite this legal precedent as: P L D 1991 Supreme Court 729 (PLP) (Messrs MUMTAZ INDUSTRIES through Haji Karim Bakhsh and 2 others‑‑Petitioner Versus INDUSTRIAL DEVELOPMENT BANK OF PAKISTAN and another‑‑Respondents). Read the full summary and cross-referenced laws free on Pakistan Law Portal.
Representation
- Khadim Nadim Malik, Advocate Supreme Court and S. Abul Aasim Jaferi, Advocate.‑on‑Record for Petitioner.
- Nemo for Respondents.
- Date of hearing: 21st April, 1991.
Headnotes / Summary
(on appeal from the judgment dated 19‑12‑1990 of the Lahore High Court, Multan Bench, Multan in I.C.A. No.9 of 1991). (a) Constitution of Pakistan (1973)‑‑ ‑‑‑‑ Arts. 2‑A & 185(3) ‑‑‑ Plea taken before the High Court which was rejected was that Art. 2‑A, Constitution of Pakistan (1973), having made the Objectives Resolution as substantive part of the Constitution, the amount of interest could not be realised from the petitioner ‑‑‑ Petition for leave to appeal before Supreme Court‑‑‑Held scope of Art. 2‑A, Constitution of Pakistan needed to be examined and determined finally and this question was already before the Supreme Court in some other matters, therefore, for that purpose alone appeal need not be granted in the case ‑‑‑ Inability to discharge a liability would hardly make out a case for interference by the Supreme Court in the exercise of discretionary jurisdiction. (b) Constitution or Pakistan (1973)‑‑ ‑‑‑‑ Arts. 199 & 185(3)‑‑‑Borrower and creditor ‑‑‑ Discretionary jurisdiction exercise of ‑‑‑ Inability to discharge a liability would hardly make out a case for interference either by the High Court or by Suprerne Court in the exercise of discretionary jurisdiction.
Judgment & Decree
MUHAMMAD AFZAL ZULLAH, C.J.‑‑‑Petitioner a borrower/debtor has sought leave to appeal against the dismissal by the High Court of its Intra Court Appeal which was filed with a view to prevent the respondent/creditor to realise the amount in question. The plea taken up before the High Court was that Article 2‑A having been made the Objectives Resolution as substantive part of the Constitution, the amount of interest could not be realised from the petitioner. Learned counsel for the petitioner had narrated all the circumstances in which the loan was obtained in 1974, The petitioner made full use of it and started making re‑payment. Till 1997 it seems the entire liability under the alleged contract was not discharged. The recovery of the balance amount was sought to be made by the respondent which as stated above is intended to be prevented through the exercise of Writ jurisdiction of the High Court. The petitioner having failed before the learned Single Judge, its appeal also was dismissed, therefore, this petition for leave to appeal. Learned counsel contended and rightly so that the scope of Article 2‑A of the Constitution needs to be examined and determined finally. This question is already before his Court in some other matters, therefore, for that purpose alone leave need not be granted in this case. When questioned: whether the petitioner is not liable under the original contract to pay the balance amount to respondent, learned counsel stated that if it were the simple interest there would not have been much objection but the compound And penal interest constitutes a very heavy amount which the petitioner is unable to pay. If the other question as noted is kept aside, inability to discharge a liability would hardly make out a case for interference either by the High Court or by this Court in the exercise of discretionary jurisdiction. When discussing the point that the respondent is public institution and does not have the property of its own and that it cannot function if the recoveries, like the one involved in this case, are prevented; learned counsel made a rational plea that the period of about a year during which the petitioner's industry remained nationalized should have been kept in view while imposing the penal and other interest and further that no fair opportunity has been afforded to the petitioner to settle the matter out of Court ‑‑.For example, even, by surrendering the property mortgaged with the respondent. There is force in what the learned counsel has submitted but this alone is not enough for grant of leave to appeal in this case. The grievance/ suggestions made by the learned counsel for the petitioner can even now be put forward before the respondents. in cases like the present one, intervention by the Government in order to remove the hardships of either or both sides has often succeeded. It is acceptable solution to the counsel. Thus the petitioner will be well‑advised to seek the assistance of the Government instead of making effort to seek discretionary relief in the Constitutional jurisdiction of the High Court. With these remarks we do not consider it a fit case for grant of leave to appeal. The same accordingly is refused. M.B.A./M‑1504/S Leave refused