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HABIB BANK LIMITED versus SHAFIQ TEXTILE MILLS LTD.


Banking Companies (Debt, Progress, Credit and Recovery of Finance) Act 1997 Section 10 Suit for Recovery for Bank Loan, Request for Leave to Defend the Defendant / Applicant's Claims, Out of Bail No defendant / applicant's signature. Plaintiff / Bank Lending Holdings submitted to the bank for a loan grant / Bank acknowledged that the guarantees were not signed by the plaintiffs / applicants and that the conditions raised by the plaintiffs / bankers were dishonest and scary. He was denied leave for defense. In the circumstances the trial was allowed

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