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MST. PARVEEN AMIR versus NATIONAL BANK OF PAKISTAN


The Banking Tribunals Ordinance 1984 guarantees the responsibilities of the respondent corporation arising out of the contractual provisions of Sections 6 and 9 of the Contract Act (IX of 1872), Articles 62, 128, 129 and 134 of the Contract, dated 5 6 1989 Is included The financing facility was terminated on 30 1990 1990. Such liabilities were fully paid and adjusted in 169 1990. The respondent bank then allowed the corporation to provide new financing on 16 9 1990. The Banking Tribunal dismissed the claim by the Banking Tribunal against the appellant as the guarantor for the new / fresh liability, and the Bank Validity Guarantor can only be burdened and subject to the terms of the guarantee of execution. Accordingly, under the 1989 agreement, the finance facility was terminated on 30 6 1990, under which the entire capacity of the corporation was cleared as it He showed Safia. The accounts were neither allowed new facility on 16 9 1990 nor according to the terms of the contract, as of the date 6 198 1989, the appellant agreed to it nor did any new privilege be renewed / renewed. He was granted a rental for the facility, the appellant was not liable to anyone, the amount presented to the corporation by the new facility or the renewal of the earlier facility was filed against the appellant in favor of the bank in the banking court. The authorization was not valid Conditions

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