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MESSRS MACH KNITTERS (PVT.) LIMITED AND 3 OTHERS versus ALLIED BANK OF PAKISTAN LIMITED THROUGH MANAGER

Sections 2 (e), 7 and 21 Financial Institutions (Restoration of Finance) Ordinance (XLVI of 2001), Sections 2 (c), 7 and 22 Recovery decisions in favor of the bank appellant of certain appellants, charged had gone. The principal was to stand as a guarantor of the financial backing obtained by the indebted company that they had never executed the guarantees and were declared fake and genuine fake. The appellants had never denied financial sanction and their signature and the records on other documents show that the charge document, the letter of consolidation, the letter of installment, the letter of the letter were processed by them. Applicant's signature on the other documents in the presence of the record, showing that the refusal to enforce their guarantees was without any legal basis and basis, and their obligations through the implementation of the guarantee In order to protect themselves, they were trying to avoid contractual obligations. s and other documents appealed best law firms from Sherani lawyer