STANDARD CHARTERED BANK THROUGH ATTORNEY OF BANK versus MESSRS ASIAN BODY BUILDING WORKS
Banking Companies (Recovery of Loans) Ordinance 1979 Section 6 and 12 Appeal filed by the defendants for unconditional intelligence leave to appear and defend suit for bank loan collection was pending when the Banking Court The plaintiff was rejected on the basis that the bank wrote. The amount sought to be recovered after obtaining approval from the State Bank of Pakistan with valid contents from the State Bank of Pakistan could not be rejected due to the letter, which was approved by the bank in writing for the loan. Such development in the history of 1981, issued to the defendants from the best of the time, gave the defendants a defensible defense seeking an unconditional appearance and defense, leaving the banking court in no hurry. Should not be rejected, but should have been discharged on the basis of the written statement and matters should be considered. Was. The High Court accepted the appeal on the letter and approval of the State Bank of Pakistan and, together with the uncontested order, will observe that the case will be considered pending before the Banking Court, which according to law Will decide on a leave request.
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