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PAKISTAN INDUSTRIAL CREDIT AND INVESTMENT CORPORATION LIMITED versus ARIF NOOR


Section 126 Demand Guarantee Limit Period carries on demand for guarantor of benefit of such guarantor, in his case in his present case admitted to repeated demands from the surety to settle the plaintiff's outstanding liabilities. Was. Despite their assertions that the plaintiff specifically emphasized the demands, Effectively guaranteed that the claim against the sureties, as well as the timely demands, was made against the guarantors. Stops the dates of contested claims. And the necessary facts before the court and the date of the petition to intercede with it, as well as the records relating to the demands, led to speculation against the plaintiff, in the circumstances, far exceeded the limits and the defendant. Rejected rule

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