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ZARAI TARAQIATI BANK LIMITED (ZTBL) THROUGH BRANCH MANAGER---PLAINTIFF versus MESSRS ZASHA LIMITED


Section 9 and 21 of the State Bank of Pakistan Establishment Circular No. 29 of 2002, Civil Procedure Code (v. 1908), OX, R8 and Section 151 Liability Act (IX of 1908), Article 181 for leave to recover outstanding debt. Pending Defendants To defend this case, they obtained the State Bank of Pakistan Circular No. 29 of 2002 and applied for a friendly settlement of their outstanding debt payment, packaged with a consensus with the parties. Was formed, under which the defendants paid a certain sum. (Banking court) was adjourning the trial pending adjournment between the parties and was eventually dismissed due to non-availability of instructions to his lawyer regarding the issue of repayment of the loan banking court, The case was dismissed, saying that after the restoration of the case, all requests filed by the defendants would be considered pending and would automatically be reactivated. Due to the defendants 'default and relying on repayment schedules, as the bank's default arguments were, by the parties' agreement,

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