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HABIB CREDIT AND EXCHANGE BANK LTD. versus SINDH SUGAR CORPORATION LTD.

Ordinance of Companies 1984 Sections 305 and 306 Contract Act (IX of 1872), Section 74 Termination of the Company Application for the respondent company in which the financing of the operating company was extended by the applicant bank, by paying the borrowed money Failed to discharge liability, notice was submitted the company failed to pay the borrower on payment of the borrower's money, the bank filed a petition for collusion of the respondent company and the money against the company Sue also filed for recovery, resisting it on the basis of a petition to sue the company for recovery. The pending trial is pending. The petition filed by the bank against the company was not enforceable, so the Judicial Merit Lens will not restrict itself from entertaining or approving a summary request, especially when the defense provided by the company The pure question of law was based on the fact that the former was irrelevant and merely a sheet to avoid payment. The Mount Mount Company failed to pay its debts; the High Court directed the matter to be terminated in the case of grants. That the company should be lied to and that the Government Assignee be appointed as a liquidator for legal proceedings. top advocates from Gawadar lawyer