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PAKLAND CEMENT COMPANY versus CITIBANK N. A.


Banking Companies (Debt, Progress, Credit and Recovery of Financial Resources) Act 1997 Section 10 Contract Act (IX of 1872), Section 586 Constitution of Pakistan (1973), Article 185 (3) apply for leave to defend the matter. The expression serious and baseless dispute notice, whether or not a dispute was serious and clear, is within the meaning of Section 10; And there can be no faster rule. Due to the alleged increase in customs duty and sales tax, the borrower's non-payment of installments was retained for its application in the form, the claim and section 6 of the loans were not exempt from their obligations. had gone. Was not attracted to such matters in the Treaty Act, 1872, under the agreement the default was to be seen

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