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MALIK MUHMAMAD AZAM versus AL BARKA ISLAMIC BANK B.S.C. (EC) A BANKING COMPANY SHAHRAH-E-AIWAN-E-TIJARAT, LAHORE, THROUGH CHIEF

Sections 9 and 10 Contract Act (IX of 1872), Sections 133 and 135 Statute of Martyrs (10 of 1984), Article 84 Applicants for leave to bail by guarantee guarantees for collection of suit loan amount and mortgage Not only did he deny his signature on the documents, but in effect, it was pleaded that after the increase in financing, he was relieved of his original obligation of Rs 20 million, the Banking Court granted bail and principal indemnity. The ordinance was jointly passed in Rs 32, 211, 284 and against the maximum limit of security limit or guarantee as to the submission of criminal proceedings. As mentioned, the guarantee letter and mortgage agreement was Rs 20 million which is guaranteed or guaranteed to pay to the bank, thus, there will be a guarantee of up to Rs 20 million who signed and signed such documents. Were. To the extent of this case, as the signatures on the leave application appeared to the naked eye, the High Court partially accepted the appeal while retaining the unconstitutional decree against the principal debtor while the interim order in the amount of 20 million against the guarantor. It also allowed the defendant to defend the case to the extent of the rest of the suit, as instructed. Banking court to settle matters and take further action in the matter online advocate from Sakardu lawyer