Abstract

  


 



Rule of Absolute Bar


Munir Ahmad Mughal


Punjab University Law College; Superior Law College; LIMIT Law College, Lahore
September 8, 2011


Abstract:     
This paper explains the principle that when a creditor sells collateral without giving reasonable notice to the debtor, the creditor may not obtain a deficiency judgment for any amount of the debt that is not satisfied by sale. Islamic perspective is also discussed.

Number of Pages in PDF File: 5

Keywords: rule, principle, absolute, restricted, bar, barrier, impediment, restriction, darar (harm), gharar (fraud, concealment, ignorance)

JEL Classification: K40

working papers series


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Date posted: September 9, 2011  

Suggested Citation

Mughal, Munir Ahmad, Rule of Absolute Bar (September 8, 2011). Available at SSRN: http://ssrn.com/abstract=1924635 or http://dx.doi.org/10.2139/ssrn.1924635

Contact Information

Munir Ahmad Mughal (Contact Author)
Punjab University Law College ( email )
(Res.)125-B, Judicial Colony, Lahore
Lahore, Punjab 54000
Pakistan
042-35304847 (Phone)
042-35311498 (Fax)
Superior Law College
(Res.)125-B, Judicial Colony
Lahore, Punjab 54000
Pakistan
0092-42-35304847 (Phone)
0092-42-35311498 (Fax)
LIMIT Law College, Lahore
13- Hunza Block
Lahore
Pakistan
0092-42-35304847 (Phone)
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