Posts

Showing posts from August 8, 2023

Leave to defend (PLA) Allowed (Banking Court)

Image
Leave to defend Allowed (banking court) Stereo. H C J D A 38. JUDGMENT SHEET LAHORE HIGH COURT, MULTAN BENCH, MULTAN. JUDICIAL DEPARTMENT R.F.A. No. 299 of 2022 JUDGMENT Muhammad Farooq VERSUS Zarai Taraqiati Bank Limited Date of hearing: 20.06.2023 Appellant by: Muhammad Suleman Bhatti, Advocate. Respondents by: Rao Riasat Ali Khan, Advocate. -------------------------------------------------------- MUZAMIL AKHTAR SHABIR, J. Through this appeal filed  under Section 22 of Financial Institutions (Recovery of Finances)  Ordinance, 2001 (“the Ordinance”), the appellant (judgment-debtor)  has called in question the judgment & decree dated 15.08.2022  (“impugned decree”) passed by learned Judge Banking Court No.II,  Multan (“Banking Court”) whereby application for leave to defend  filed by the appellant under section 10 of the Ordinance has been  dismissed and the recovery suit filed by the respondent-bank under  section 9 of the Ordinance was decreed to the tune of Rs.939,085.86  agains