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BANK OF KHYBER versus MESSRS SPENCER DISTRIBUTION LTD.


Section 9 and 10 negotiable instruments Act (XXVI of 1881), section 20 and 118 of the Contract Act (IX of 1872), suit 233 suit defendants acknowledged the signing of the guarantee letters, but This disputed the amount stated by the defendants. The amount of finance received during the leave application was not disclosed. The amount paid by them; the dates of payment; the amount of finance and other money related to the money paid to the bank by them; The entities (recovery of finances) did not comply with section 10 (4) (5) of the Ordinance 2001 nor did they show any reason for their inability, no leave request, therefore, will be considered pending application. The application for rejection should be rejected because the provisions of section 10 (6) of the respondents of the Ordinance were obtained by the Company (Principal Debt) for availing loan facilities. It was acknowledged and Plaintiff Bald's signature on his signatures was an attempt to discharge his contractual obligations by the defendants refusing to process the documents. No defense was taken by the Company, if it was agreed that the documents were vacated, in view of Sections 20 and 118 of the Conversation Tool Act 1881, legal guarantees and others In view of the implementation of the documents, the defendants were prevented from challenging the legality, integrity and truthfulness, jointly and severally of the obligation to discharge the company's obligations under the provisions of the Contract Act, 1872. Because defendants were not serious about anything

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