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Sonali Bank Vs. Habib Medical Store and Others, 2012, 41 CLC (HCD)

....mount claimed on the date of the suit and the interest thereon granted by the Court for the aforesaid period. Further, the section provides for award of interest on the aggregate sum till the date of realisation or an earlier date. It appears that the grant of interest form the date of the suit to t......at, Naogaon in Artha Rin Adalat Case No. 264 of decreeing the suit. 2. The appellant as plaintiffs instituted Money Suit No.47 of 1987 in the Court of Subordinate dge, Naogaon for realization of loan amount impleading the respondents as defendant. The defendant contested the suit by filing..

Category: Banking Law | Date: 14 Feb, 2012 | Hits: 0

Md. Abul Kashem Vs. Mahmudul Hasan @ Major General Mahmudul Hasan (Rtd.) and others, 2012, 41 CLC (AD)

....gh Court Division is correct. Accordingly the appeal is dismissed without any order as to costs. Ed. This Case is also Reported in: 64 DLR (AD) (2012) 65; 32 BLD (AD) (2012) 127; 9 ADC (2012) 489. ......election process, the Deputy Commissioner, Tangail acting as Returning Officer received objections and information about disqualification of the appellant on two counts, namely default in paying bank loan and telephone bills. The first source was a letter dated 30.11.2008 issued by the Sonali Bank ..

Category: Election Law | Date: 14 Feb, 2012 | Hits: 262

Abdur Razzak Vs. State, 2012, 41 CLC (HCD)

....dgment and Order to the learned Divisional Special Judge, Dhaka and another copy to the Chairman of Anti Corruption Commission. Ed. This Case is also Reported in: 64 DLR (HCD) (2012) 192. ......3-1987 lodged the FIR alleging that one Utpal Chowdhury fraudulently deposited, as security, some fake gold pieces measuring 13 tola 15 Anna with the Ramna Branch of Sonali Bank, Dhaka and obtained a loan of Taka 18,000. Later on the impu­rity of the gold was detected by an Inquiry Committee wit..

Category: Anti-Corruption Laws | Date: 2 Feb, 2012 | Hits: 134

Kalim Ullah (Md.) and others Vs. Fariduddin Ahmed, 2012, 41 CLC (AD)

....bdul Wahhab Miah J. I agree with the reason­ing and findings given by my learned brother Md. Abdul Wahhab Miah J. Ed. This Case is also Reported in: 20 BLC (AD) (2015) 33.   ......per section 58 of the Act mortgage is the transfer of an interest in spe­cific "immovable property" for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or future debt, or the performance of an engage­ment which may give rise to a ..

Category: Trust/Waqf Law | Date: 1 Feb, 2012 | Hits: 10

Atif Atiq (Md.) and another Vs. Nurun Nahar Begum and others, 2012, 41 CLC (AD)

....the supplementary agreement dated 16-8-2004. With the above observations, this petition is dismissed. Ed. This Case is also Reported in: 18 BLC (AD) (2013) 27, 18 MLR (AD) (2013) 65. ......eveloper has agreed to develop the same by constructing a G+5 storied building having with moderns amenities by spending his own money or with the help of advance money taken from buyers or by taking loan from Bank or Financial Institution. The developer shall sell flats to buyers after keeping 50% ..

Category: Property Law | Date: 22 Jan, 2012 | Hits: 87

Millennium Holdings Limited Vs. Hilton International Co., 2012, 41 CLC (HCD)

.... interim order dated 24.8.2011 and the petition under Section 7(a) of the Arbitration Act, 2001 is rejected. However, there shall be no order as to costs. Ed. This Case is also Reported in: ......lause as provided in Article 12(A) (12(B) of the management agreement which provided for cancellation for the agreement upon happening certain contingency specially regarding the title of the project loan. 11. Therefore, the negotiation as made by the respondents with other third party in establi..

Category: Arbitration Law | Date: 10 Jan, 2012 | Hits: 45

Mohammad Ali Vs. State and another, 2010, 39 CLC (HCD)

....ed with all the Criminal Miscellaneous Case mentioned above and sent to the Court below at once for information and necessary action. Ed. This Case is also Reported in: 64 DLR (HCD) (2012) 428. ......n, Execu­tive Officer of the Export Import Bank of Bangla­desh, Nawabpur Branch, Dhaka filed a complaint-petition in the respective CR cases, referred to above, stating that accused-petitioner took loan from the Bank under different sanction letter order mentioned in the compliant-petition with a ..

Category: Banking Law | Date: 10 Jan, 2012 | Hits: 452

Mrs. Jahanara Ahmed Vs. Arab Bangladesh Bank Ltd. and oth­ers, 2011, 40 CLC (AD)

....record." Security of Tk. 1,000/- is to be deposit­ed within 1 (one) month. Preparation of paper book is dispensed with as prayed for. Ed. This Case is also Reported in: 9 ADC (2012) 185. ......espondent No.1 Arab Bangladesh Bank Limited, as plaintiff, instituted Title Suit No.134 of 1995 before the Artha Rin Adalat No.2, Dhaka against the defendant Nos.1 to 5 for realization of outstanding loan. That suit was subsequently renum­bered as Title Suit No.143 of 1998. The suit was ultimately ..

Category: Property Law | Date: 15 Dec, 2011 | Hits: 81

Hafizul Islam Chowdhury (Md.) Vs. Bangladesh and others, 2011, 40 CLC (HCD)

....; Ed.                    This Case is also Reported in: 18 BLC (HCD) (2013) 470.   ......quently purchased same land, thereafter, Md. Hafizul Islam Chowdhury has become the owner and possessor over the suit land. Accordingly, he has dug 4(four) ponds, established an Agro-Farm and he took loan from the Krishi Bank as well as Islami Bank Bangladesh Ltd. It is further stated that all of th..

Category: Property Law | Date: 19 Oct, 2011 | Hits: 4

Elite Lamps Ltd. Vs. Government of Bangla­desh and others, 2011, 40 CLC (HCD)

....ithin one month from the date trial Court receives a copy of this Judgment. Communicate a copy of the Judgment at once. Ed. This Case is also Reported in: 64 DLR (HCD) (2012) 62. ......spondents Judgment October 16, 2011. Result: The Rule is discharged. Whether the resolution taken by the Board of Directors of any Bank relating to total write off of loan has the binding force of law and enforceable by the High Court Division? The resolution t..

Category: Civil Law | Date: 16 Oct, 2011 | Hits: 7

Raj Kumar Khetan Vs. Mercantile Bank Ltd. and another, 2011, 40 CLC (HCD)

.... now pending in the Court of Sessions Judge, Naogaon should not be quashed. The Order of stay granted earlier shall stand vacated. Ed. This Case is also Reported in: 64 DLR (HCD) (2012) 272. ......gaon Branch, Naogaon filed CR Case No.406/8 before the Chief Judicial Magistrate, Naogaon against the petitioner under section 138 of the Negotiable Instruments Act stat­ing that the petitioner took loan in several occasions from the said bank but failed to repay the same that on the pressure of ba..

Category: Banking Law | Date: 24 Aug, 2011 | Hits: 237

Sonali Bank Limited Vs. Abdul Malek and another, 2011, 40 CLC (HCD)

....w that this Civil Petition for Leave to Appeal has no merit and is, accordingly dismissed, without, however, any order as to costs. Ed. This Case is also Reported in: VIII ADC (2011) 649. ...... anum from the date of filing till the date of the decree. 2. The facts relevant for disposal of this petition, in brief, are that the respondent No.1 (defendant No.1 in the Artha Rin Case) took loan of Tk.3,94,000/- under the "Power of Driving Vehicle Scheme, 1987" from the Sonali Bank Limited..

Category: Banking Law | Date: 22 Jun, 2011 | Hits: 162

Sonali Bank Limited Vs. Abdul Malek and another, 2011, 40 CLC (HCD)

....w that this Civil Petition for Leave to Appeal has no merit and is, accordingly dismissed, without, however, any order as to costs. Ed. This Case is also Reported in: VIII ADC (2011) 649. ...... anum from the date of filing till the date of the decree. 2. The facts relevant for disposal of this petition, in brief, are that the respondent No.1 (defendant No.1 in the Artha Rin Case) took loan of Tk.3,94,000/- under the "Power of Driving Vehicle Scheme, 1987" from the Sonali Bank Limited..

Category: Banking Law | Date: 22 Jun, 2011 | Hits: 7

Iftekhar Uddin Ahmed Vs. Artha Rin Adalat and another, 2011, 40 CLC (HCD)

....ions the Rule is disposed of. The order of stay stands vacated. Communicate the Judgment to respondent No.2 at once. Ed. This Case is also Reported in: 64 DLR (HCD) (2012) 75. ......ommerce Bank Ltd. Dhaka (shortly, the Bank), as plaintiff, on 15-6-1990 instituted Money Suit No.72 of 1990 before the Court of Subordinate Judge and Artha Rin Adalat No.1. Dhaka for realization of loan amounting to Taka 2, 91,632 as stood on 31-3-1990 impleading Messrs Ahmed and Brothers and the..

Category: Limitation Law | Date: 20 Jun, 2011 | Hits: 13

Manager, Rupali Bank Ltd. Vs. M/S New Music Corner and another, 2011, 40 CLC (HCD)

....t record. Send down the lower Court records along with a copy of this judgment immediately to the Court concerned. Faruque Ahmed J. - I agree. Ed. This Case is also Reported in: ...... 3. The plaintiff in his plaint stated inter-alia that the defendant No.1 being a businessman, used to deal with electronics goods. He filed an application to the plaintiff bank to renew his previous loan, thereafter, on 11.06.1988 vide sanction letters No.45 and 46 the bank sanctioned loan for an a..

Category: Banking Law | Date: 18 May, 2011 | Hits: 209

Major (Retd.) Rafiq Hasan Faruq Vs. Bangladesh and others, 2011, 40 CLC (HCD)

.... order as to cost. The office is directed to communicate the Judgment at once to the concerned executing Court (Respondant No. 3). Ed. This Case is also Reported in: 16 MLR (HCD) (2011) 281. ......y for disposal of the rule, in short, are as under: The petitioner Major (Retd.) Rafiq Hasan Faruq, Managing Director of M/S Blue Bird Garments (Pvt.) Ltd, in course of his business, obtained some loan from respondent No-3. Sonali Bank, Ramna Corporate Branch, Dhaka (shortly the Bank) by mortgagi..

Category: Banking Law | Date: 16 May, 2011 | Hits: 179

Shahnaj Begum Munni Vs. State and another, 2011, 40 CLC (HCD)

.... the Metropolitan Sessions Judge, Chittagong are quashed. Let a copy of this judgment be immediately transmitted to the Court below. Ed. This Case is also Reported in: 16 MLR (HCD) (2011) 357.......omplainant and the husband of the accused-petitioner were very friendly with each other and at one stage, the husband of the accused-petitioner took a sum of Tk. 30 lac from the complainant by way of loan in two installments on the stipulation that he would repay the loan within a period of 6 (six) ..

Category: Banking Law | Date: 12 May, 2011 | Hits: 251

Rupali Bank Ltd. Vs. Sree Babu Jiban Kumer Shaha, 2011, 40 CLC (HCD)

....aintiff. Send down the lower court records along with a copy of this judgment immediately to the court concerned. Faruque Ahmed J. - I agree. Ed. This Case is also Reported in: ......er alia that he had been running a grocery shop opening an account being Current Account No.619 with the Rupali Bank, Sherpur Town Branch on 23.03.1987. The defendant applied to the bank for granting loan for an amount of Tk. 1,00,000/- as C.C., hypothecation. The plaintiff bank asked the defendant ..

Category: Banking Law | Date: 11 May, 2011 | Hits: 210

Syed Moazzem Hossain (Md.) Vs. Tahsia Khanam and others, 2011, 40 CLC (HCD)

....aside. The suit is dismissed, however without any Order as to costs. Send down the records at once. Ed. This Case is also Reported in: 65 DLR (HCD) (2013) 11.     ......f Directors of Pubali Bank Ltd asserted that it was the duty of the defen­dant Nos.1-4 to hand over share certificate to the plaintiff. By another letter dated 5-4-1994 she disclosed that, to pay loan of Hotel Zakaria she need to transfer her shares and she prayed for getting back her shares. Sh..

Category: Company Law, Procedural Law | Date: 8 May, 2011 | Hits: 9

M/S. Ace Traders Vs. M. V. DIJENDRALAL and Others, 2011, 40 CLC (HCD)

....es Insurance Company Limited on contest and also against the defendant Nos.1, 2, 3, 5, 7, 9 and 10 ex parte. However, there shall be no order as to costs. Ed. This Case is also Reported in: ......n money amounting to Tk. 5,40,000.00 through the plaintiff C.D. A/C No. 1223 maintained with the defendant No. 8 on 5-12-1992 and the rest of the L/C value was allowed by the bank to the plaintiff as loan. The plaintiff submitted an amendment of the aforesaid L/C and further requested the defendant ..

Category: Admiralty Law or Maritime Law | Date: 27 Apr, 2011 | Hits: 64