MESSRS HUFFAZ SEAMLEN PIPE INDUSTRIES LTD. versus MESSRS SECURITY LEASING CORPORATION LTD.
Banking Companies (Recovery of Debt, Progress, Credit and Financial Issues) Ordinance 1997 Section 9 Contract Act (IX of 1872), Recovery of Sections 126 and 128 Bank Loan Guarantors, Scope Creditor's Liability in Action Against Guarantees, Only Required Establish liability for principal indebtedness and default or breach of terms will result in liability. Garnet cannot resort to technical ability to defeat creditors' claims, even if the contract is against the principal debtor. If inoperable, it will still be responsible for the guarantees. In this regard, he implemented it, unless there was a testament to the contrary.
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