Full Judgment Text & Judicial Ruling

Court Name: Lahore High Court Judge(s): Jawwad S. Khawaja, Abdul Shakoor Paracha Title: Mst. TABASUM NAZ vs ALLIED BANK OF PAKISTAN LIMITED through Manager Case No.: Regular First Appeal No,148 of 2002 Date of Judgment:2002-06-18 Reported As: 2002 CLD 1732 Result: Order accordingly

JUDGMENT

JUDGMENT JAWWAD S. KHAWAJA, J.---With the consent of learned counsel for both parties a decree for Rs,5,30,000 is passed against the appellant in favour of the respondent-Bank. The said amount shall be paid by the appellant to the respondent-Bank within three months of the date of this judgment. 2. The appellant shall be entitled to negotiate sale of her House bearing No,294, Block-1, Sector CII, Township Scheme, Lahore, provided the purchaser of the property directly deposits the aforesaid decretal amount of Rs,5,30,000 with the respondent-Bank. If the amount aforesaid is not deposited with the respondent-Bank within three months from today, the decree of the learned Banking Court shall stand restored, which the Bank shall be entitled to enforce through all available means. ' This appeal is disposed of in the above terms.

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