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SHAHEEN CALICO PRINTING WORKS (REGD.) THROUGH PARTNER versus MUSLIM COMMERCIAL BANK LIMITED


Section 9 and 10 Contract Act (IX of 1872), Sections 126 and 128 Suits for Receiving Bank Guarantee Money, Issuing Bank Guarantees that the Debtor's Payment Amount to Ensure Payment to Plaintiff's Bank Lenders The guarantee secured by the bank's guarantee was a guarantee of the bank before the lender claimed it was cash, the banking court dismissed the request for leave by the defendant and the leave suit. ? Accuracy The lender claimed that the disclosure of the bench guarantee was pending with the bank within a matter of time, but since the bank guarantee agreement was free in nature. , The bank had to disclose the same bank under the terms of the guarantee, regardless of the existence of any dispute between the defendant and its creditors, the same guarantee was bound to be imposed, within the guarantee period / life. Was broken in and even the date of filing the claim dismissed the appeal in the High Court. Conditions

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