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ABDUL RASHID versus WATER AND POWER DEVELOPMENT AUTHORITY (WAPDA)


Procedure for Wapda Bonds 6th Issue Barrier / Registered Regulations, CL8, Pakistan Water and Power Development Authority Act of 1994 (XXI of 1946), Section 29 Contract Act (IX of 1872), Section 23 Constitution of Pakistan (1973). , Arts 23, 24 (1)) and 199 Constitutional petition Bonds deficit and the issuance of counterfeit documents could not be issued because such bonds were to be effected, validity of the rule clause 8 of these terms Was one of the terms under which Wapda proceeded to sell bonds to the public. Such clause was a condition of the transaction between the parties and the scope of the agreement if such If the clause / condition is allowed to prevail, the applicant will lose his / her money for the time to come, unless the shock of fate allows him to redeem lost bonds like this. The situation was confidential in nature and such a court would not lean in favor of its authenticity. Such a clause would protect the issuer from a claim for rent, but no one would be liable for the loss of bonds at the hands of the applicant. Did not claim profits, but was denied on the basis of his actual claim. Clause 8 of C-1 was inappropriate for alleged risk of false claims because the same buyer improperly benefited the bond issuer, when the bonds were issued to the buyer of the bonds when the bonds were permanently lost / terminated. Could not refuse to receive payment from. Fires, floods, earthquakes, wars and other disasters that the buyer had no control over, but the inherent danger to human survival, did not establish that the applicant was ever subject to the law.

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