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Wednesday, November 6, 2024

Home Lahore Court orders auction of defaulter’s property

Court orders auction of defaulter’s property

by News desk
July 28, 2023
in Lahore

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The banking court the auction of the property of a bank defaulter by August 4. The judge of Banking Court No 3 issued the auction order on the request of the bank.

The lawyer of the bank took the stand that Tamiz Begum, a resident of Gulshan Ravi, obtained a loan in the name of Hamza Transportation and for that, 8 Marla house located in Gulshan Ravi was mortgaged. Later, the woman was declared a defaulter for not repaying the loan.