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Loan defaulter

Loan defaulter legal meaning, translation and judicial precedents.

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

2013 CLC 1310 LAHORE-HIGH-COURT-LAHORE Judicial Precedent
Ss. 14(5A) & 99Constitution of Pakistan, Arts.62 & 63Loan defaulterLiability of guarantorNomination papers filed by respondent candidate were accepted by Returning Officer during scrutiny

Appellant bank preferred direct appeal before High Court alleging that respondent candidate was wilful defaulter of loan

Plea raised by respondent was that he was guarantor and not principal debtor

Validity

Decree was passed against respondent and the same had been upheld by Supreme Court but it remained unsatisfied

Liability of guarantor was co-extensive with that of principal debtor, therefore, respondent was liable to pay decretal amount

Respondent did not disclose fact of passing of decree against him in his nomination papers

Respondent was not only adjudged defaulter in terms of S.14 (5A) of Representation of the People Act, 1976, but was also guilty of concealment of facts

Candidature of respondent was hit by provisions of Arts.62 & 63 of the Constitution read with S.14 (5A) of Representation of the People Act, 1976

Election Tribunal directed to delete name of respondent from list of validly nominated candidates of the constituency and his nomination papers were rejected

Appeal was allowed accordingly.

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Precedents & Case Laws citing "Loan defaulter"

MLD 2019
2018-June-27

2019 M L D 541

ABDUL SATTAR BACHANI — Petitioner Versus RETURNING OFFICER and 4 others — Respondents

Court: Sindh
PLD 2023
2022-January-17

P L D 2023 Supreme Court 252

ABID AMIN and 2 others — Petitioners Versus NATIONAL ACCOUNTABILITY BUREAU and others — Respondents

Court: High Court
PLD 2007
2006-August-21

P L D 2007 Supreme Court 243

NATIONAL ACCOUNTABILITY BUREAU and others — Petitioners Versus RAHEEL RASHID and others — Respondents

Court: High Court
SCMR 2016
Civil Petition No. 3729 of 2015, decided on 29th January, 2016.

2016 S C M R 800

Messrs WORLD TRANS LOGISTICS and others — Petitioners Versus SILK BANK LIMITED and others — Respondents

Court: Supreme Court of Pakistan
YLR 2019
Election Appeal No.73 of 2018, decided on 25th June, 2018.

2019 Y L R 643

Syed SHAFQAT HUSSAIN SHAH — Appellant Versus RETURNING OFFICER and another — Respondents

Court: Sindh
PTD 2004
M.A. No.406/LB of 2003, decided on 16th March, 2004.

2004 P T D (Trib

N/A

Court: Income‑tax Appellate Tribunal Pakistan
PLD 2013
2013-May-7

P L D 2013 Sindh 357

NASEEM ABDUL SATTAR and 6 others — Petitioners Versus FEDERATION OF PAKISTAN and 4 others — Respondents

Court: High Court
PLD 2005
2005-July-21

P L D 2005 Lahore 692

RAHEEL RASHID — Petitioner Versus NATIONAL ACCOUNTABILITY BUREAU, ISLAMABAD through Chairman and 2 others — Respondents

Court: High Court
PCRLJ 2021
2020-October-8

2021 P Cr

MUHAMMAD ARSHAD LATIF and another — Appellants/Petitioners Versus The STATE through Chairman, National Accountability Bureau and another — Respondents

Court: Sindh
CLD 2021
2020-October-8

2021 C L D 1252

MUHAMMAD ARSHAD LATIF and another — Appellants/Petitioners Versus The STATE through Chairman, National Accountability Bureau and another — Respondents

Court: Sindh