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What is Karachi High Court Judgment on KTC Decrees about?

This document summarizes several court cases regarding claims over money deposited with the court from the sale of Karachi Transport Corporation assets. It discusses applications from 11 decree holders seeking to withdraw money, a reference from the Official Assignee regarding outstanding income tax owed, and arguments from advocates for both the decree holders and the Income Tax Department over priority of claims. The judge ultimately rules that section 73(3) of the Code of Civil Procedure preserves the ri

Author

Mohammad Khalid Butt

Language

EN