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MIAN FAKHAR & CO. versus UNION BANK LTD.


After the expiration of the Section 10 justification period, the suit was already filed by the bank against the guarantors by the bank for the receipt of bail by the bank for the application for defense of the bank guarantees, the right of which I was guaranteed. In order to defend the case, a petition for leave was disputed as to whether the bank could encroach on the bank's guarantees, which have already expired, though the period of bail periodically extended. Went into effect and the effect of submitting the claim by the government department to the bank to prevent the guarantee of the guarantors, due to the legality through the guarantee by civil insurance, the suspension period was suspended. Will be decided without judgment. Questions, Banking Court Dismisses Vacation Request to Correct This Jurisdiction The data raised by the guarantors requires determination and consideration by the banking court for this purpose, with the bailiffs defending the case. The petition was granted by the High Court, allowing the petition to defend the case with the condition of depositing all the bank's original amount for the leave. The judgment and judgment were guaranteed by the Banking Court which was set aside and the decision of this case has been presented to the Banking Court for this decision.

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