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AURANGZEB SHAAFI BURKI versus REGIONAL DEVELOPMENT FINANCE CORPORATION


Sections 9 and 10 apply for leave to defend bank loan recovery suit Failure to provide opportunity to file response to leave application No such opportunity was provided to the bank and the application was dismissed by the Swat Banking Court Excluded in favor of excluding the claim. The failure of the Banking Court to follow this procedure resulted in the bank becoming too prejudiced to the extent that it had caused the bank to the extent that it failed to mark up its claim. Company account was debited. After the expiry date of the financing agreement, the High Court passed the interim order to the extent of the disputed amount and the order was set aside to the extent of the disputed amount and the decision to leave leave to file the case. The banking court was later remanded for a fresh verdict. Appeal was allowed by the defendants accordingly

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