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How to Cite
Mareva Injunction: Designed to Protect Property
Abstract
Disputes between human and litigation adversely affect the utilization and benefits from the property. A property when attached during pendency of a suit or arrested in an action in rem, suffers irreparable losses. Such losses may be due to its losing beneficial value, lacking in maintenance, failing to meet future obligations and commitments etc. Property may be abandoned by the owner in some circumstances adversely affecting the interests of third parties involved in business. Mareva injunctions, if not completely, at least to a considerable extent mitigate the effects and saves the property from perils in proper cases. It evolved from common law and equity in English law, developed with high acceleration and has been hailed in other jurisdictions worldwide. Its development continues and has been recognized by enactments in the civilized world. This article endeavors to introduce Mareva injunction in other jurisdictions to replace direct actions against property in order to protect property and interests ofthird parties in the property
Authors
Dr. Qamar Abad
Incharge Ph.D Programme, School of Law, University of Karachi, Sindh, Pakistan
Ghulam Murtiza
Assistant Professor, School of Law, Government College University, Faisalabad, Punjab, Pakistan
Dr. Muhammad Mumtaz Ali Khan
HOD, Department of Law, NCBA&E, Lahore, Punjab, Pakistan
Keywords
Action in Personam, Action in Rem, Attachment before Judgment, Mareva Injunction, Time Charter, Voyage Charter
