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SIDDIQUE WOOLLEN MILLS versus ALLIED BANK OF PAKISTAN

Sections 9 and 10 of Pakistan (1973), Article 185 (3) Defend the Debt Recovery Bank Debt Retention Risk Bank Maintenance of Lenders Goods Not Denied by Lenders Except that it be requested to add that the bank had illegally retained the creditors 'goods, the banking court ruled in favor of the bank and the judgment by the creditors' High Court Plaintiff and The order was maintained that the raw material imported by them was maintained by the bank. The borrower was harmed, neither the borrower's legal status independently formed the defense in his favor, nor did he create a good dispute between the parties because in such cases the court This responsibility had to be scrutinized and thereby acknowledged its approval. Lenders may resolve the question of maintaining creditors' losses due to bank behavior rather than claiming success on another forum. Under Section 10 of the Banking Companies (Loans, Progress, Credit and Recovery of Finance) Act 1997, the banking court can defend the borrower only if the premise is to exercise his jurisdiction of the banking court, Important controversy has been revealed. The lenders did not deny their obligation against the bank, therefore, the banking court correctly approved the decision and the judgment, which was left for appeal to the High Court, was denied. inheritance advocates near Panjgur lawyer