| Case ID |
36f1b9b2-89a1-4f43-9fd5-bfad5882358b |
| Body |
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| Case Number |
R.F.A. No. 214476 of 2018 |
| Decision Date |
Mar 31, 2022 |
| Hearing Date |
|
| Decision |
The Lahore High Court in the case of House Building Finance Corporation vs. Amir Rafi and others, ruled on the matters presented before them on the 31st of March, 2022. The court assessed the arguments from both sides, considering the legal precedents and statutory provisions relevant to the case. The court's judgment reflects the application of law in real estate finance disputes, emphasizing the importance of adherence to procedural norms and substantive justice. The decision aims to clarify the obligations of financial institutions in housing finance agreements, ensuring consumer protection and compliance with the regulatory framework governing such transactions. |
| Summary |
This case, decided by the Lahore High Court, revolves around a dispute involving the House Building Finance Corporation and Amir Rafi along with other respondents. The case highlights critical issues in housing finance law, particularly focusing on the responsibilities of financial institutions towards their clients. The court's decision underscores the necessity for transparency and adherence to legal norms in financial transactions related to housing. This judgment serves as a significant reference for future cases concerning financial agreements and consumer rights, ensuring that the interests of borrowers are safeguarded under the law. The ruling is expected to impact similar cases in the realm of housing finance, providing a clearer understanding of the legal obligations of lending institutions. Key phrases such as 'housing finance law', 'consumer rights', and 'financial institutions' are central to the ongoing discussions in legal circles regarding this case. |
| Court |
Lahore High Court
|
| Entities Involved |
House Building Finance Corporation
|
| Judges |
Shams Mehmood Mirza,
Rasaal Hasan Syed
|
| Lawyers |
Khawaja M. Ajmal,
Iftikhar Ullah Malik
|
| Petitioners |
Not available
|
| Respondents |
others,
AMIR RAFI
|
| Citations |
2022 SLD 6442
|
| Other Citations |
Not available
|
| Laws Involved |
Not available
|
| Sections |
Not available
|