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Anwar Cement Limited and others Vs. Bangladesh Bank and other, 2011, 40 CLC (HCD)

....fore, the rule is disposed of with the above observations without any order as to costs. The order of stay stands vacated. Md. Abu Zafar Siddique J.- I agree. This Case is also Reported in: ......ank Companies Act, 1991 (Act No. 14 of 1991), Section 5 (Ga Ga) and 27 (Ka Ka) The petitioners were/are not shown as defaulting borrowers in the CIB report and are only shown as guarantors for the loan obtained by the respondent No.5. There is no scope to treat them as defaulting borrowers and lo..

Category: Banking Law | Date: 24 Apr, 2011 | Hits: 363

Padma Oil Company Limited Vs. Md. Abdus Samad and others, 2011, 40 CLC (AD)

....ry license/permit for supplying fuel as per prevailing rules. This petition is disposed of with the above observations. Ed. This Case is also Reported in: 21 BLT (AD) (2013) 154. ......sions from the concerned authorities required for setting up a filling station under the name "M/s. Darus Salam Filling Station" and took electricity connection and other permissions and also took loan from bank, and when he was awaiting a licence, the petitioner arbitrarily cancelled the approv..

Category: Others | Date: 7 Apr, 2011 | Hits: 7

M.A. Bari Talukder Vs. Agrani Bank & others, 2011, 40 CLC (AD)

....peal is thus disposed of with the above obser­vations and direction. Communicate this order to the Artha Rin Adalat concerned at once. Ed. This Case is also Reported in: VIII ADC (2011) 424. ......rt Division in Writ Petition No.8731 of 2008. 2. The facts necessary for disposal of this Civil Petition for Leave to Appeal, in short, are as follows: 3. The petitioner M. A. Bar Talukder took loan from the respondent Agrani Bank but failed to repay the same as per stipulation and consequentl..

Category: Banking Law | Date: 14 Mar, 2011 | Hits: 247

Mohammad Ali Vs. Bangaldesh Bank and others, 2011, 40 CLC (HCD)

....r’s case is that Agrani Bank, Reazuddin Bazar Branch, Chittagong as plaintiff instituted Artha Rin Suit No. 424 of 2004 in the Artha Rin Adalat, Chittagong against the petitioner and two others for realisation of loan amounting to Taka 53,52,404.28 (Taka fifty-three lac fifty-two thousand four hun......hat Agrani Bank, Reazuddin Bazar Branch, Chittagong as plaintiff instituted Artha Rin Suit No. 424 of 2004 in the Artha Rin Adalat, Chittagong against the petitioner and two others for realisation of loan amounting to Taka 53,52,404.28 (Taka fifty-three lac fifty-two thousand four hundred four and P..

Category: Banking Law | Date: 22 Feb, 2011 | Hits: 187

Sanjoy Roy Vs. Bangladesh and others, 2011, 40 CLC (HCD)

....d as being not maintainable. The order of stay passed by this Court at the time of issuance of the Rule is vacated. Nazmun Ara Sultana J.- I agree. Ed. This Case is also Reported in: ......irty and Paisa seventy-five) only from South East Bank Ltd., Shahjalal Upashahar Branch, Sylhet, a private bank operating under the Bank Companies Act (herein respondent No.3). In order to secure the loan, the petitioner issued a cheque against the said amount. As the petitioner defaulted in repayme..

Category: Banking Law | Date: 17 Feb, 2011 | Hits: 174

Bangladesh National Women Lawyers Association Vs. Cabinet Secretary, Bangladesh Secretariat, Dhaka and others, 2011, 40 CLC (HCD)

....ARK (SCSD), CHILD DOMESTIC WORKERS – LIVING INSIDE ROOM AND OUTSIDE LAW AND ROLE OF GOVT. AND CIVIL SOCIETIES IN BANGLADESH , 36-37 (2009) [hereinafter SCSD REPORT ON CHILD DOMESTIC WORKERS]. ......ill prevalent in many parts of the country where children of the poor families are pledged to the rich on payment of lump sums of money. The poor and hapless children work for their masters until the loan is paid off. In the case cited above, we directed that the practice of দাদন or bonded l..

Category: Women and Children | Date: 15 Feb, 2011 | Hits: 265

Mohammad Abdus Sabur Vs. Agrani Bank, 2011, 40 CLC (HCD)

....t, are that Agrani Bank, Laldighi East Branch, Chittagong as plaintiff instituted Mortgage Suit No.107 of 1991 before the Artha Rin Adalat No.1, Chittagong Sadar against the petitioner and others for realisation of loan amounting to Taka 20,15,209.60 (Taka twenty lac fifteen thousand two hundred nin......ani Bank, Laldighi East Branch, Chittagong as plaintiff instituted Mortgage Suit No.107 of 1991 before the Artha Rin Adalat No.1, Chittagong Sadar against the petitioner and others for realisation of loan amounting to Taka 20,15,209.60 (Taka twenty lac fifteen thousand two hundred nine and Paisa six..

Category: Banking Law | Date: 10 Feb, 2011 | Hits: 192

Promoda Sundari Sen Kalyan Trust Vs. Momtaz Zafar Ahmed and Others, 2011, 40 CLC (HCD)

....rder as to cost Let a copy of the Judgment along with lower Court's record be sent down at once. Ed. This Case is also Reported in: 68 DLR (HCD) (2016) 53     ......he same; that Shankar Basu established Monikrishna Sen Decree College and after the death of Shankar Basu the suit land came under Monikrishna Sen Trust; that one NGO namely Grameen Samaj Kendra took loan from the Agrani Bank, Tejgaon Industrial Area Branch, Dhaka mortgaging the schedule property as..

Category: Banking Law | Date: 9 Feb, 2011 | Hits: 2

Nazim Uddin Vs. Bangladesh and others, 2011, 40 CLC (HCD)

....of the above, the Rule is discharged. The order of stay passed at the time of issuance of the Rule is vacated. Nazmun Ara Sultana J.- I agree. Ed. This Case is also Reported in: ......relevant for disposal of the Rule are that a private company named Zarin Design Ltd. availed credit facilities from Southeast Bank Ltd., Uttara Branch (herein respondent No.2). In order to secure the loan, the borrower-company hypothecated its stocks and machineries, and the petitioner mortgaged his..

Category: Banking Law | Date: 9 Feb, 2011 | Hits: 162

Shah Alam (Md.) Vs. State and another, 2011, 40 CLC (HCD)

....e trial Court shall proceed with the case in accordance with law. Send a copy of the judgment and order to the Court below at once. Ed. This Case is also Reported in: 63 DLR (HD) (2011) 137. ...... the accused-petitioner Mohammad Shah Alam under section 138 of the Negotiable Instruments Act, 1881 alleging that while he had cordial relationship with the accused-petitioner, the latter received a loan of Taka 50,00,000 from the complainant with the promise to pay back the money within a few days..

Category: Banking Law | Date: 6 Feb, 2011 | Hits: 361

Sohrab Hossain (Md.) & others Vs. State & another, 2011, 40 CLC (HCD)

.... of the Code. 11. For the discussions made above, we find no merit in the Rule. Accordingly, this Rule is discharged. Ed. This Case is also Reported in: 18 BLC (HCD) (2013) 215. ......a private Limited company named Mikado products private Ltd who in a board meeting of the company held on 30-11-2003 authorized accused-petitioner No.1 to do all acts on behalf of the company to take loan from the complainant bank. On the basis of the said authority accused-petitioner No.1 applied t..

Category: Others | Date: 3 Feb, 2011 | Hits: 4

Aslam Khan Vs. Artha Rin Adalat, Moulvibazar and another, 2011, 40 CLC (HCD)

....g Artha Rin Execution Case No.7 of 1997, which was disposed of on 9.10.2003. Thereafter the decree holder-bank filed second application for execution being Artha Rin Execution Case No. 29 of 2003 for realisation of Taka 2, 10,515/- only. 3. The petitioner’s further case is that he had taken l......ing in question order dated 15.4.2010 passed by the Artha Rin Adalat, Moulvibazar rejecting the petitioner’s application for exemption of interest on deposition of the remaining principle amount of loan in Artha Rin Execution Case No. 29 of 2003 (arising out of Artha Rin Suit No. 3 of 1994). ..

Category: Banking Law | Date: 2 Feb, 2011 | Hits: 217

Md. Nasurullah alias Nasu Vs. Artha Rin Adalat No. 4, Dhaka and others, 2011, 40 CLC (HCD)

....perty. Lat a copy of the judgment be communicated to the concerned executing Court for future guidance as well. Nazmun Ara Sultana J.- I agree Ed. This Case is also Reported in: ......Facts leading to this writ petition, in short, are that the Islami Bank Ltd, Mirpur Branch, Dhaka as plaintiff instituted Artha Rin Suit No.777 of 2004 in Artha Rin Adalat No.4, Dhaka for recovery of loan amounting to Taka 6,69,706/- (six lac sixty-nine thousand seven hundred six) only against the p..

Category: Banking Law | Date: 2 Feb, 2011 | Hits: 175

Mirza Ahsan Habib Vs. The Judge, Artha Rin Adalat and another, 2011, 40 CLC (HCD)

....er section 33(5) of the Ain will, however, remain with the bank and may also be disposed of in accordance with law. Ed. This Case is also Reported in: 65 DLR (HCD) (2013) 579.   ......39;s case in short is that the Agrani Bank, Baikali Branch, Khulna (herein respondent No.2) as plaintiff instituted Artha Rin Suit No.55 of 2004 before the Artha Rin Adalat, Khulna for realization of loan amounting to Taka 10,43,454.18 (Taka ten lac forty three thousand four hundred fifty-four and P..

Category: Banking Law | Date: 29 Jan, 2011 | Hits: 2

M/S A-Z Knit Wears Ltd. and another Vs. City Bank Ltd. and others, 2011, 40 CLC (HCD)

.... without any order as to costs. The order of restraint granted at the time of issuance of the Rule is hereby vacated. Nazmun Ara Sultana J. I agree. Ed. This Case is also Reported in: ......f a legal notice served upon them by the City Bank Ltd. under section 138 of the Negotiable Instrument Act. 2. The facts relevant for disposal of the Rule are that the petitioner company took term loan amounting to taka 50,00,000/- (fifty lac) only from the City Bank Ltd, a private bank operating..

Category: Banking Law | Date: 26 Jan, 2011 | Hits: 185

Mahbub Ahmed Chowdhury Vs. Chief Election Commissioner and others, 2011, 40 CLC (AD)

....judgment and order passed by the High Court Division. Accordingly, the Civil Petition for Leave to Appeal is dismissed. Ed. This Case is also Reported in: 65 DLR (AD) (2013) 283. ......or his dependents; (g) what promises he made before an elec­tion in which he was elected as a member in the past, and how many of those prom­ises were fulfilled; and (h) the amount of loan received by him alone, or jointly or by his dependents from any bank or financial institution,..

Category: Constitutional Law | Date: 23 Jan, 2011 | Hits: 11

Md. Hamiduzzaman Vs. Joint District Judge, Artha Rin Adalat, Faridpur and others, 2011, 40 CLC (HCD)

....e may be, which have been deposited by them in favour of the decree holder-bank after issuance of the certificate. Nazmun Ara Sultana J.- I agree. Ed. This Case is also Reported in: ......cts leading to this writ petition, in short, are that Islami Bank Bangladesh Ltd., Khulna Branch as plaintiff instituted Artha Rin Suit No.10 of 2004 in the Artha Rin Adalat, Faridpur for recovery of loan amounting to Taka 4,01,55,468.00 (four crore one lac fifty-five thousand four hundred sixty-eig..

Category: Banking Law | Date: 20 Jan, 2011 | Hits: 233

Mirza Ahsan Habib Vs. Judge, Artha Rin Adalat, Khulna and another, 2011, 40 CLC (HCD)

....r section 33 (5) of the Ain will, however, remain with the bank and may also be disposed of in accordance with law. Nazmun Ara Sultana J.- I agree. Ed. This Case is also Reported in: ......’s case in short is that the Agrani Bank, Baikali Branch, Khulna (herein respondent No.2) as plaintiff instituted Artha Rin Suit No.55 of 2004 before the Artha Rin Adalat, Khulna for realization of loan amounting to Tk.10,43,454.18 (Taka ten lac forty-three thousand four hundred fifty-four and Pai..

Category: Banking Law | Date: 19 Jan, 2011 | Hits: 305

Bangladesh Shilpa Rin Sangstha (BS-RS) Vs. She Shipping Judgment Lines Limited and others, 2010, 39 CLC (AD)

....rther compensa­tion calculated at the rate of bank interest prevalent at the time of the institution of the suit. Ed. This Case is also Reported in: 20 BLC (AD) (2015) 66.   ...... credit facilities and other assistance to industrial con­cerns and to broaden the base of investment in Bangladesh. On the application of the respon­dent No.1 the appellant-BSRS sanctioned a loan of Taka 70, 00,000 on 18-12-1979 for acquisition of two steel body self propelled Cargo Coaster..

Category: Business or Commercial Law, Labour and Industrial Law | Date: 13 Dec, 2010 | Hits: 10

Fatema Begum Vs. The Artha Rin Adalat, Narayangonj and others, 2010, 39 CLC (HCD)

....uarantor, mortgagor and the persons placed in similar position. In the present case the petitioner is in no way connected with the loan, she does not claim the auctioned land and there is no cause of realisation against her. Such a person is not intended by the law to bear extra financial burden of ...... hearing the said application passed an order on 22.7.2009 directing to maintain status quo (vide annexe-D to the writ petition). She, however, has no objection if respondent No.2 (bank) realises its loan by selling the land of respondent No.3. She is not a “third party” within the meaning of se..

Category: Banking Law | Date: 11 Nov, 2010 | Hits: 14