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MEHBOOB ENTERPRISES versus KARACHI DEVELOPMENT AUTHORITY


Civil Procedure Code Order XXXXX Temporary Pairing and Interlocutory Orders O XXXIX, RR l & 2 Interim Order, Bank Guarantee of Intellect of Intelligence The plaintiff was given a contract to construct a house and consequently in favor of the defendant. Implemented bank guarantee. The defendant's complaint was that since the plaintiff failed to complete the assignment, it was entitled to withhold the bank guarantee, in case the bank guarantee was broken, the owner / lender needed to establish it. That the principal borrower / contractor committed the default offense and, secondly, it was also required to state that he suffered a loss, there was no provision in the bank guarantee that the plaintiff bank had to show that the plaintiff's bank guarantee. Due to the failure of him to suffer damages, not unconditionally, a bank guarantee was absolutely silent on the question that the defendant / The lender will be entitled to such deduction without further notice to the plaintiff / principal debtor and that the defendants / lenders were not required to disclose what losses they suffered. Initially, the debtors / defendants have to suffer first. Establishing the fact of damages The plaintiff is not the plaintiff to suspend the bank guarantee without fulfilling the conditions. Granted in the circumstances

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