6024/2025 Const. P. Syed Khalid Mahmud & Ors (Petitioner) V/S Muhammad Yaseen & Ors (Respondent)
Bench: Hon'ble Mr. Justice Adnan-ul-Karim Memon(Author), Hon'ble Mr. Justice Zulfiqar Ali Sangi
6024/2025 Const. P. Syed Khalid Mahmud & Ors (Petitioner) V/S Muhammad Yaseen & Ors (Respondent) Sindh High Court
Bench: Hon'ble Mr. Justice Adnan-ul-Karim Memon(Author), Hon'ble Mr. Justice Zulfiqar Ali Sangi Order Date: 02-FEB-26
For the reasons above, the Trial Court did not misread the law it applied settled principles governing the appointment of a receiver. There was/is no clear evidence of waste, mismanagement, or imminent loss that would justify appointing a receiver. The petitioners??? failed to show a strong prima facie case for the aforesaid purpose. The discretionary relief of appointing a receiver was refused based on certain reasons. Accordingly, the impugned order dated 26 03 2025 is legally sound, and the petition seeking its setting aside is dismissed along with pending application(s). However the trial Court shall expedite the proceedings to its logical conclusion as per law.