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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)
.... to the Manager, Sonali Bank Ltd., Bhairabganj Bazar Branch, Moulvibazar and also to the concerned executing Court. Nazmun Ara Sultana J.- I agree. Ed. This Case is also Reported in: ......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)
....g down the law. 37. In the case of Full Chand Das Vs. Md. Hammad reported in 34 DLR (AD) 361 the Appellate Division observed that since section 4 as substituted by Ordinance X of 1964 was del-cared ultra vires the Constitution, and by operation of Sub-Article (2) of Article 6 of the Cons......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
....ibit 10) among the appellant-BSRS, the respondent No. 1-borrower-purchaser and the respondent No.5-builder to build and deliver to the respondent No.1-purchaser two new steel body self-propelled cargo coasters/vessels in the dockyard. On perusal of memo dated 6-1-1981 (Exhibit 19) it appea...... 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)
.... photo copies there for. The office is directed to send a copy of this judgment to the Artha Rin Adalat, Narayangonj at once. Nazmun Ara Sultana J. - I agree. This Case is also Reported in: ...... 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
Ms. Syeda Rizwana Hasan Vs. Bangladesh and others, 2010, 39 CLC (AD)
....d print media focusing to the orders of the Court, the motive is discernible which is deprecated. 17. In S. P. Gupta Vs. Union of India, 1981 (Supp) SCC 87 Bhagwati J. observed: "But we must be careful to see that the member of the public, who approaches the Court in cases of this kind, is a......cute the officers responsible. The appeal is dismissed with the above observations without any order as to costs. Ed. This Case is also Reported in: 9 ADC (2012) 816, 18 BLC (AD) (2013) 54. ..Category: Environmental Law | Date: 8 Nov, 2010 | Hits: 258
Deen Mohammad Vs. Bangladesh Bank and others, 2010, 39 CLC (HCD)
....en a chance to re-schedule the loan with an intention to restore his position in the Bank concerned. 12. However, the very word employed by the legislature in section 17(6) of the Act clearly discards the contention of the learned Advocate for the petitioner since it requires to pay the entire ......hort, the case of the petitioner for the purpose of disposal of the Rule is as follows: The petitioner was a shareholder Director of the City Bank Ltd., but on his failure to pay the classified loan with interest to the tune of Taka 58.38 lakh within the prescribed period of 2(two) months his ..Category: Banking Law | Date: 12 Oct, 2010 | Hits: 423
Nurul Majid Mahmood Humayun Vs. Brigadier General Hassan PSC (Rtd.) and others, 2010, 39 CLC (AD)
....indings and observations, we do not find any merit in the leave petition. Accordingly, the leave petition is dismissed. Ed. This Case is also Reported in: 19 BLC (AD) (2013) 89. ......cy of Narsingdi-4 out of 6 candidates. The present petitioner, an Awami League nominee, Nurul Majid Mahmood Humayun (writ respondent No.13) who has been elected from the said constituency, was a loan defaulter till the date of swearing affidavit on 20-11-2008 and concealing this fact he contest..Category: Civil Law, Election Law | Date: 7 Oct, 2010 | Hits: 8
Prime Global Ltd and others Vs. Artha Ain Adalat No.4, Dhaka and others, 2010, 39 CLC (HCD)
....eous Case No. 390 of 2008 (arising out of Artha Rin case No. 291 of 2003) is without lawful authority and is of no legal effect. Ed. This Case is also Reported in: 65 DLR (HCD) (2013) 205 ...... and, as such, Sonali Bank only is liable to pay; that the mortgage and personal guarantee as stated in the plaint were in fact given in connection with a subsequent facility being CC (Hypo) LTR loan facility which has already been adjusted, but the Uttara Bank refused to return personal guaran..Category: Banking Law | Date: 23 Aug, 2010 | Hits: 2
Ferdous Khan @ Alamgir Vs. Islami Bank Bangladesh Ltd. and another, 2010, 39 CLC (HCD)
....d from his bail bond. The order of stay granted earlier by this Court shall stand vacated. Communicate the order at once. Ed. This Case is also Reported in: 63 DLR (HCD) (2011) 540. ...... and that the Agrabad Branch is one of them; that the accused is the managing director of Bagdad Exim Corporation Ltd. a private company limited shares; that on the application of the accused for loan, to run its business, the payee Bank sanctioned loan in the name of the company of the accuse..Category: Banking Law | Date: 1 Aug, 2010 | Hits: 657
Sonali Bank Vs. Sheikh Anis Uddin Ahmed, 2010, 39 CLC (HCD)
....d. Consequently Appeal from Original Decree No.841 of 1991 is dismissed. No costs. Send down the lower Court records at once. Ed. This Case is also Reported in: 64 DLR (HCD) (2012) 188. ......o section 176. Learned Judge also found that plaintiff received 828 mounds of jute showing short of 378 mounds of jute which were not supplied to the plaintiff. It also appears from the Judgment that loan was sanctioned on 4-11-1978 for Taka 99,000, the last date for payment was fixed on 30-6-1979. ..Category: Civil Law | Date: 15 Jul, 2010 | Hits: 49
Ziaur Rahman (Md.) Vs. Artha Rin Adalat & others, 2010, 39 CLC (HCD)
....law and in the light of observations made above. The order of stay granted at the time of issuance of rule stands vacated. Ed. This Case is also Reported in: 64 DLR (HCD) (2012) 189. ...... as follows: 3. The respondent No.2, Manager, United Commercial Bank Limited, Chapai Nababgonj filed Artha Rin Suit No.2 of 2006 against this petitioner and others for realization of outstanding loan. That suit was decreed ex-parte by the Judgment and order dated 25-4-2007. Thereafter, on 14-3-..Category: Civil Law | Date: 14 Jul, 2010 | Hits: 48
Dhirendra Nath Mondal Vs. Agrani Bank Ltd and others, 2010, 39 CLC (HCD)
....uot; 14. The learned Advocate, for the appellant submits that the main allegation of the plaintiff-appellant was that the summon of Title suit No.35 of 1996 was not served upon him. We have carefully gone through the judgment reported in 15 BLD (AD) 35. Said Civil Petition for Leave to App......Suit No.35 of 1996 covering the property of the plaintiff was illegal, collusive, inoperative and not binding upon him. 3. The plaintiff's case, in short, is that, the plaintiff availed loan facility from the branch of the defendant No.1-Bank, and still there is transaction between the..Category: Civil Law | Date: 7 Jun, 2010 | Hits: 6
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