Citation Name :
2009 CLD 312
KARACHI-HIGH-COURT-SINDH
Side Appellant :
HABIB BANK LIMITED
Side Opponent :
TAUQEER AHMED SIDDIQUI
Ss.3, 9 & 17—Civil
Procedure Code (V of 1908), Ss.151, 152 & 153—Decree for recovery of
loan amount—Cost of funds, non-awarding of-
–Application by
Bank for amendment of decree to include therein such cost sought in
suit—Dismissal of such application by Banking Court-
–Validity-
-Awarding
of cost in terms of S.17 read with S.3 of Financial Institutions
(Recovery of Finances) Ordinance, 2001 was mandatory—Banking Court in
its judgment had not observed that Bank was not entitled to such cost
from date of default till realization of decretal amount—Bank was
entitled to such cost—High Court accepted appeal in Circumstances.This judgment is reproduced from a publicly available source for informational purposes and does not constitute legal advice. If you believe this listing contains an error,
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