Can expat’s property be frozen Karachi cheque case?
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Can expat’s property be frozen Karachi cheque case? It is a case about freezing of property of one expat in Karachi. Here, the property is in a bank account belonging to that expat and cheque to the same bank account has been dishonored, and after that the money was withdrawn from that account. original site The case is pending in Karachi High Court and it is still going on. Is this case solved yet or still in progress? How has the court been handling this case? Has the property been frozen or not?
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Can expat’s property be frozen Karachi cheque case? A Pakistani citizen expat, a well-to-do man in his early 60s, got a cheque of Rs. 1.5 million from a bank. He didn’t know who the drawer was. He kept on calling and writing to the bank, but the bank refused to act. He wrote to the High Court, the Supreme Court, the Federal Ministry of Justice, the Ministry of Interior, the police, and the Finance Ministry. Each of
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In one of my earlier blogs, I discussed how expatriates had the right to bring the lawsuit against the banks that had given them Karachi cheque. It was a successful case. Now, I have more knowledge in my possession to add more information in this blog. Expats are allowed to claim the cheque as well. Now let me share some relevant information. The reason behind this is the laws of Pakistan that state that, in case of any unclaimed property or property of any deceased owner who cannot be traced or cannot be identified,
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“Frozen Karachi cheque case – What you need to know” The Karachi Cheque Case is a controversial topic that has been making headlines lately. According to the newspaper, “Sara Razi Niazi, the wife of Murtaza Rizvi, filed a cheque with the Karachi Branch of the State Bank of Pakistan to the tune of 2.112 billion rupees. from this source This cheque bore a forged signature of the head of the Bank of China, the Bank of China, and its local partner and
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In 1998, I bought my first property for Rs 6,00,000 in Karachi, a 3BHK flat at Phase 2 Extention of Defence Housing Authority (DHA). I moved there with my wife and three children. In 2002, my son completed his BSc and wanted to become a pilot. We started living there again and my wife and my son started applying for a Karachi pilot license. In 2007, my husband lost his
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“It would be fair to say that if an international arbitration tribunal finds that a contract was unconscionable, the unconscionable conduct of one party would necessarily come under consideration for any measure of legal immunity.” This is one of the most well-known cases dealing with the application of contracts to international commercial arbitration. However, even though this particular decision holds great importance, it also has the potential to be misapplied in other situations. An important example is the Karachi cheque case. The Karachi cheque case involved Karachi