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M. SHAHID SAIGOL versus AL-TOWFEEK INVESTMENT BANK LTD.


The decision to dismiss the case without deciding the leave application for damages in Articles 9 and 10 was a valid duty of the banking court to decide on the merits of the leave before proceeding to the case if the banking court was of the opinion that the defendant Ali questions the law and the facts. The bank could have been given the best vacation bank to defend, but by no means could the case be dismissed under section 10 (loans, advances, credit and financial recovery) of banking companies. The decision was dismissed. ) Act (XV of 1997) The High Court accepted the appeal and set aside the unclean decision, resulting in the suit and leave application to be considered pending before the Banking Court, which would decide to drop the first application. And then prosecute according to the law.

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