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HABIB CREDIT & EXCHANGE BANK LIMITED, L.D.A. PLAZA, LAHORE versus EMIRATES BANK INTERNATIONAL LIMITED

In order to recover the provisions of Articles 6 and 9 of the Banking Tribunals Ordinance 1984, Alexander Guarantor Bank denied its obligation under the guarantee that it had lent it in favor of the lending bank to secure the obligations of the creditors. Not implemented. The guarantee against the guarantor bank, if it was executed by the same bank, otherwise it could not be executed against the alleged guarantor bank, the bank lender could not disclose the bank guarantee instrument, on the basis of which it was alleged A claim was filed against the surety bank. Certain letters submitted that are inconsistent with the lawsuit, such legal letters cannot be used against Guarantor Bank on any legal principle, Guarantor Bank may, under the circumstances, guarantee any letter to the Bank. The lender was not responsible, the High Court allowed the appeal and it was kept aside. Decision and order against the alleged sureties tax advocates from Padidan lawyer