Home Maxims & Terms Setting aside of sale meaning in Urdu
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Setting aside of sale

Setting aside of sale legal meaning, translation and judicial precedents.

Meaning & Judicial Interpretation: (اردو مفہوم اور قانونی تشریح)

2013 CLC 702 KARACHI-HIGH-COURT-SINDH Judicial Precedent
O. XXI, R.89Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001), S.19Execution of decreeSetting aside of salePrincipleAct of Court

Banking Court disposed of all applications while confirming auction proceedings in favour of auction-purchaser and claim of objection petitioner was misconceived

Effect

Inadvertence, mistake, error or irregularity on the part of court could not take away rights of auction-purchaser which accrued in his favour when he deposited bid amount as provided under law

Both applications under Order XXI, Rule, 89, C.P.C. were filed without substantial compliance of Order XXI, Rule 89 1)(a) and (b) C.P.C. and it could be considered as if no such applications had been preferred

High Court declined to interfere in the order passed by Banking Court, whereby objections petitions were dismissed and sale was confirmed in favour of auction-purchaser

Appeal was dismissed in circumstances.

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Precedents & Case Laws citing "Setting aside of sale"

CLD 2006
2006-February-28

2006 C L D 764

Agha ABBAS HAIDER KHAN — Appellant Versus ZARAI TARAQIATI BANK LIMITED through Branch Manager — Respondent

Court: Lahore
MLD 2006
2005-October-14

2006 M L D 180

I. D. B. P. — .Appellant Versus Mst. HASSAN BIBI and others — Respondents

Court: Lahore
CLD 2007
2007-August-21

2007 C L D 1511

Mrs. YASMEEN YAQOOB — Appellant Versus Messrs ALLIED BANK OF PAKISTAN LTD. and 3others — Respondents

Court: Karachi
CLD 2006
2006-February-23

2006 C L D 622

Syed MUHAMMAD EHSAN ALI — Appellant Versus ZARAI TARAQIATI BANK LIMITED — Respondent

Court: Lahore
CLD 2003
N/A

2003 C L D 1178

Messrs ALI PAPER AND BOARD INDUSTRIES LTD. and another — Appellants Versus BANKERS EQUITY LTD. and 12 others — Respondents

Court: Lahore
PLD 2018
2017-May-10

P L D 2018 Lahore 60

KASHIF IMRAN and another — Petitioners Versus ALTAF HUSSAIN and another — Respondents

Court: High Court
CLC 2001
Civil Original No.23 of 1996 and Civil Miscellaneous No.447‑L, 439‑L, 621/L and 622/L of 2000, decided on 10th April, 2001.

2001 C L C 1267

PAKISTAN INDUSTRIAL CREDIT AND INVESTMENT CORPORATION LIMITED‑‑‑Petitioner Versus SHAHDIN LIMITED‑‑‑Respondent

Court: Lahore
CLD 2005
2004-July-28

2005 C L D 1170

Messrs ABDUR RAZZAQ & COMPANY, through Mian Abrar Ahmed — Petitioner Versus BANK OF PUNJAB and others — Respondents

Court: Supreme Court of Pakistan
CLD 2016
2015-May-25

2016 C L D 892

Messrs GRACE ACCUMULATORS and 3 others — Appellants Versus Messrs SONERI BANK LIMITED and 2 others — Respondents

Court: Sindh
CLD 2006
2006-July-20

2006 C L D 1467

ARSHAD CHAUDHRY — Appellant Versus JUDGE BANKING COURT NO.I, LAHORE and 5 others — Respondents

Court: Lahore