MESSRS SHAHEEN WOOLLEN MILLS versus PRESIDENT, ALLIED BANK OF PAKISTAN
A. XXXIX, Rr 1 and 2 Negotiable Instruments Act (XXVI of 1881), Section 5 Interim Order, Approval of the Restriction of Letter of Credit by Letter, Plaintiffs Plaintiff Demands Prohibition Ali did not provide supplies. According to the agreement, there was no liability for the release of goods and goods against the defective Gods. Both the courts refused to grant interim injunction in favor of the plaintiff unless there was strong fraudulent, irreparable injury, injustice or false benefit from the agreement. Not be the case With respect to the establishment of the Letter of Credit, no restriction order can be issued for any liability arising under the Letter of Credit, which shall be for the performance or non-performance of the contract, irrespective of any dispute between the parties. , Imposes an absolute unconditional responsibility on the bank. In asserting their responsibility, where the plaintiff found the goods to be of poor quality, he could always sue the seller for damages. The High Court refused to interfere with the unanimous decision of the two courts.
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