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DAWOOD LEASING COMPANY LTD versus REGENT DYEING AND FINSHING MILLS (PVT) LTD

The Banking Companies (Debt, Progress, Credit and Recovery of Financial Issues) Act 1997 section 10 applied for leave to defend the suit for bank loan guarantee The agreement between the two parties existed to guarantee that, The company was the first chairman and after his resignation, the bank was given new guarantees on debt. correction? Where the guarantees were guaranteed in the first contract, he could not escape his obligation to the extent of the loan under the first contract. ??? Under the second agreement, the Guarantor was not responsible for paying any amount. ??? Applicant for leave to defend the case in Section 9,10,11 Suite Bank Applicant for leave to sublet for debt collection was convinced that the project could not be carried forward because the parties were not aware of it. The deal was disappointing and the bank could recover maximum rental machinery where, under the agreement, the borrower had raised the bargain to pay the rent in addition to the cost of the machinery, the borrower's dispute was terminated. If the borrower was unable to set up the project or had difficulty in doing so, the bank would not suffer. Could have been refused to defend the case and the suit was ruled accordingly jobs for fresh advocates from Rohri lawyer