Find a Lawyer

MESSRS HABIB BANK LIMITED THROUGH CHIEF MANAGER versus MESSRS HEBEI MACHINERY AND EQUIPMENT IMPORT/EXPORT CORPORATION THROUGH ATTORNEY

Banking Companies (Loans, Progress, Recovery of Credit and Financial Resources) Sections 9 and 21 of the Ordinance 1997 Civil Code (v. 1908), Axis XX, R2 (B) Loan installments to clear the installments in due time According to the letter to the plaintiff, four episodes were paid to the plaintiff within the stipulated time while the fifth installment was stopped by the bank on the request of the interim order, which was in view of the statement of the plaintiff. O XXXIX R 2 (B), the provisional order issued by the CPC supply court expired after six months, so the bank should have paid the fifth installment six months later, thus making the bank payable. Was. The fifth installment could be stopped immediately after six months without the demand of the plaintiff bank. Six months ago the High Court directed the bank to pay the fifth installment h. 1096 Interest was allowed to appeal accordingly. law websites from Khangarh lawyer