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MESSRS GHULAM HUSSAIN & CO. THROUGH MANAGING PARTNER versus MESSRS NATIONAL BANK OF PAKISTAN


Sections 9 and 10 Bank Debt Receipt To defend this case, the defendant, excluded from signing the blank documents and checks, refused to receive any loan from the bank. He had received the documents and checks from him and withdrew the money from the bank as the manager had committed fraud. Since the defendant had given the manager blank checks and withdrawn the funds on the basis of these checks, the bank could not be held responsible for the proceedings if the manager had committed any fraud on the plaintiff. The amount distributed on the basis of checks can be prevented and the holiday was rightly denied by the banking court's decision to defend the case and the money was already included in the banking court's order ? The order submitted by the respondent High Court was amended and the amount deposited by the respondent was adjusted in favor of the appeal as disposed of accordingly.

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