Shahbaz Sharif admits he paid back loans in Dec '14 of Rs 5.24 b. How was a defaulter allowed to con

[GeoG]

اب اپنے لیڈروں کا کا دفاع الفاظ کے چناؤ سے چلو تمہاری تسلی کے لئے تمھارے ہی میڈیا سیل کی خبر
:biggthumpup:

Your Leaders defaulted on loan and that why Banks file cases against them to recover their money.


Hearing in Sharifs’ loan case adjourned

The Lahore High Court Umar Ata Bandial postponed the hearing of petition filed by a consortium of banks for winding up of three units of Ittefaq Group in order to recover about Rs 3 billion loans from the Sharifs.

The court on previous date of hearing had directed the sale committee to submit written quotation about auction of these units. The court had also directed the committee to also invite international buyers by advertising in foreign newspapers.

A petition was filed by a consortium of banks including, National Bank of Pakistan, Habib Bank Ltd, United Bank Ltd, Zarai Taraqiati Bank of Pakistan, Muslim Commercial Bank, Picic Bank, First Punjab Mudarba and Corporate Law Authority in 1998 for winding up of three units of Ittefaq Group in order to recover about Rs 3 billion loans from the Sharif family. These petitioner banks had sought order for the recovery of their loan through auction of Ittefaq Foundries, Ittefaq Textile Mills and Khalid Siraj Industries as they had failed to fulfil their financial commitments made against loan given to them.
http://www.thenews.com.pk/Todays-News-5-149328-Hearing-in-Sharifs-loan-case-adjourned

Lloz,
you gave the link but didn't bother reading headline

Hearing in Sharifs’ loan case adjourned

meaning it is still considered as Loan banks seek to recover
in case they fail to recover, then it is default
Hope this goes through your knees to to processing unit bottom of your feet ..

 

[Pak1stani]

I read and the case was about recovery of the defaulted loan, :biggthumpup:


The Lahore High Court Umar Ata Bandial postponed the hearing of petition filed by a consortium of banks for winding up of three units of Ittefaq Group in order to recover about Rs 3 billion loans from the Sharifs.

Lloz,
you gave the link but didn't bother reading headline

Hearing in Sharifs loan case adjourned

meaning it is still considered as Loan banks seek to recover
in case they fail to recover, then it is default
Hope this goes through your knees to to processing unit bottom of your feet ..

 

[GeoG]

I read and the case was about recovery of the defaulted loan, :biggthumpup:


The Lahore High Court Umar Ata Bandial postponed the hearing of petition filed by a consortium of banks for winding up of three units of Ittefaq Group in order to recover about Rs 3 billion loans from the Sharifs.

You see I told you to process it properly in your feet
Default ki Decree File Hoti Hai, Recovery Suit Nahi ...

 

[Pak1stani]

They have defeated on the loan that's why they banks file for recovery. Recovery.

You see I told you to process it properly in your feet
Default ki Decree File Hoti Hai, Recovery Suit Nahi ...

 

[GeoG]

They have defeated on the loan that's why they banks file for recovery. Recovery.

No they were not defeated because they did 35 puncture ..

 

[Pak1stani]

OK they defaulted and that's why banks went to court for recovery. Abb khush ☺

No they were not defeated because they did 35 puncture ..

 

[GeoG]

OK they defaulted and that's why banks went to court for recovery. Abb khush ☺

keep going in circles
for established defaults (bankruptcy) bank goes for decree

lets have ten more posts and then i will explain you
as i make money per post ...

 

[Pak1stani]

Once loan is not paid in time it's a default. Now how to recover money by selling defaulter assets banks go to courts to get decree to recover money.

Keep defending your leaders

keep going in circles
for established defaults (bankruptcy) bank goes for decree

lets have ten more posts and then i will explain you
as i make money per post ...

 

[lynxukauq]

خانصاب
آپ خود تو چندےاور ترین کا مال کھاتےہیں
اس لیےآپکوان معاملات کاپتہ نہیں
پھر بھی کسی سےپوچھ لیجیے
مقروض اورڈیفالٹر میں فرق ہوتاہے​

Care to explain the difference??ya sirf tanqeed karni hi aati hai

 

[lynxukauq]

Yes you are right with PTI logic this is the new Law of Land
You remain Mujrim unless you clear yourself from what is said from top of container

Fazool pointless irrelevant examples daina band karo, its a not a PTI logic.. Its common sense...

 

[GeoG]

Fazool pointless irrelevant examples daina band karo, its a not a PTI logic.. Its common sense...

Ji Acha Janab ..
Zara Yeah Bhi Bata Dain Keh Kia Likhon
Takeh Copy Past Kar Sakoon....