55/2010 Suit.B IGI INVESTMENT BANK LTD (Plaintiff) V/S M/S.DHA COGEN LTD. (Defendant)
Bench: Hon'ble Chief Justice Mr. Justice Muhammad Shafi Siddiqui(Author)
55/2010 Suit.B IGI INVESTMENT BANK LTD (Plaintiff) V/S M/S.DHA COGEN LTD. (Defendant) Sindh High Court
Bench: Hon'ble Chief Justice Mr. Justice Muhammad Shafi Siddiqui(Author) Order Date: 25-JAN-16
It appears that the defendant has neither shown any amount that was availed of by it nor shown the amount which is to be returned/repaid. Hence, there is a non-compliance of the mandatory requirement of Section 10(4) of Financial Institutions (Recovery of Finances) Ordinance, 2001. The consequence provided in default thereof is dismissal of the leave application. Advocates: M/S. MOHSIN TAYEBALY & CO.(FIRM-118-SBC-KHI),Naveed ul Haq(ADVO-11136-SBC-KHI),Mahmood Y. Mandviwala(ADVO-3668-SBC-KHI)