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EFU GENERAL INSURANCE LTD versus CHAIRMAN, BANKING TRIBUNAL NO. 1, LAHORE AND 3 OTHERS


Banking Tribunals Ordinance 1984 Section 2 (c) Banking Companies (Debt Recovery) Ordinance (XIX of 1979), Article 8 Constitution of Pakistan (1973), Article 199 Constitution Customer Definition Indemnifier Concept Respondents, a Banking Company Recovering Some Persons The other case was filed by other respondents to enforce the insurance company (applicant) as a party, whose permission the insurance company (applicant) raised several objections to the order, but the court ruled instead. Again the judgment of this case was declared:, the insurance company (applicant) and other respondents. The insurance company, which only insured consumer goods against theft and robbery and had nothing to do with this transaction between the bank and its customer, cannot be said to be compensated against non-payment of suit. ? The liability of the insurance company can be liable if the customer loses the goods due to theft or robbery.

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