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FAKHAR HAYAT versus HABIB BANK LIMITED


Sections 9 and 10 apply for leave to recover a bank loan under the Prime Minister Transport Scheme, dismissing the responsibility of the insurance company to pay the debt, to the defendant for the purchase of the vehicle Was obtained with the insurance company. The loan was paid because the vehicle was stolen and met with an accident that the defendant had raised and that was when the car was insured, so the insurance company had to pay the bankruptcy court liability. Was denied so that the leave application for defense could be dismissed. And the defendant ruled in favor of BankPlay that the markup was not taken in accordance with the law and he was not liable to pay the suit because the vehicle was insured, taking advantage of the financial benefit. Was. It was acknowledged and there was no return to the record of the statements made by the bank defense but there was no defensible defense to guarantee the grant. The High Court sought to intervene in the leave decision to defend the case Denied and the Banking Court-approved decree was legalized and the appeal of uncertainty was dismissed in the circumstances

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