MASHREQ BANK versus MESSRS NAZIR COTTON MILLS AND OTHERS
Section 48 Declaration of Banker and Customer Episode, Implementation of Installment Rules, In the present case, a penalty clause exists, giving the decree holder the power to demand similar clauses in the default case. For such clauses, of course, for the benefit of the decree holder, if the ruler is in default of payment of any installment, the decree may be executed for the full amount, however, the decree bearer will pay late. Was denied, and was received without objection. A waiver of his right means a right to relinquish a right at the right time. The right of a human being was a right to be relieved. As such, the right to guarantee exemption from waiver would be to claim that the claim or right to renounce, or that the same holder / bank hacked the right to seek a penalty clause in the settlement process, the Wing did not exercise its rights. Was not used, it was believed that in the relevant time, his right was waived, thereby maintaining the execution request which the High Court had rejected. Rejected.
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