Full Judgment Text & Judicial Ruling

Court Name: Sindh High Court Judge(s): Zahid Kurban Alavi Title:COTTON EXPORT CORPORATION OF PAKISTAN (PVT.) LIMITED vs Messrs RUPALI

COTTON INDUSTRIES and 4 others Case No.:Suits Nos. 1119 and 1181 of 1991 and Civil Miscellaneous Applications Nos.4111 and 8717 of 2002 Date of Judgment:2002-05-31 Reported As: 2002 CLD 1430 Result: Order accordingly Judgment ORDER 1. Granted. 2. It is agreed between both the sides that in pursuance to the orders passed on 6-5-2002 the defendants shall be allowed to pay decretal amount within four months of the date hereof 50% of the decretal amount thereafter they shall pay on or before 5th of each English calendar month a sum of Rs, 50,000 by way of instalment. Once this amount is completed then the question of mark- up is to be taken up. In case of one consecutive default in payment of instalment, the entire amount shall become due and payable. The application stands disposed of.

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