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SILKBANK LIMITED versus K.K.P. (PVT.) LTD.

Case for recovering the amount paid to the beneficiary after the disclosure of Section 10 Bank Guarantee / Performance Bond. The defendants claimed that the plaintiff bank violated the terms and conditions of the bank guarantee and received cash in favor of it. The defendant's defendant did not keep the bail document on record that the defendant violated his terms and it is not the defendant's claim that the bail was terminated while the defendant bank also recorded the document. Was not kept on The guarantee, the defendants themselves confessed to the defendants, also filed a separate lawsuit in the civil court in which they alleged that the beneficiary violated the terms of the guarantee and the defendant It was not alleged that the plaintiff's bank had violated the terms. The Guarantee Guarantee Agreement was an independent contractual agreement of the Principal Agreement and the defense claim was dismissed and the judgment was rendered as a hearing of the claim of the plaintiff bank.

Related judgments — Lahore High Court Lahore, 2013

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• SAGHIR CO. through Proprietor v. FEDERATION OF PAKISTAN through Secretary 2013 PTD 636
• NADEEM alias DINA v. State 2013 YLR 638
• GHULAM MUSTAFA WASEEM through Bashir Ahmed v. State 2013 PLD 643
• ZAFAR IQBAL alias KALA v. State 2013 PCrLJ 645
• AHMAD KHAN NIAZI v. GOVERNMENT OF THE PUNJAB through Secretary Local Government and Community Development Department 2013 CLC 646
• RIAZ alias MABDAL v. State 2013 PLD 646
• ZAMINDAR KHAN v. SAROO 2013 YLR 646

All Lahore High Court Lahore judgments of 2013 →

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