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ASAD TAJ versus NATIONAL BANK OF PAKISTAN


Sections 10, 15 and 21 leave the suit for the defendant's defense to recover the loan amount (the lender's son, who died on 13 13 1996) in favor of the oral gift of the mortgaged property. In late 1975, it was granted and admitted on 19 3 1990, and in 1994 the same property was mortgaged by Late in 1994. And this business concern, which is related to a bank borrower, was in fact the property of another son of the deceased banking court and could not legally offer the defendant any separate confession or charge of gift. The Power of Attorney dated 1 1987 could not be mentioned in any of the documents, but the same authorized bank was empowered to terminate such property, adjusting all its obligations on 11 1 1995. Later, it achieved a new cash limit. From that date, the defendant himself kept a record copy of the letter written by post to the bank for renewal of the limit up to 31 12 up on 11 1995 1995. 11 The statement of accounts beginning with 1995, 31 12 shows no debit entry after 1995. Defendants filed suit for distribution and account distribution against their joint heirs, showing that the business concern was from the deceased borrower banking court, therefore, not accepting entries in the statement of accounts and making the wrong decision. The High Court dismissed the appeal while committing any wrongdoing

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