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HABIB BANK LIMITED versus AWAN TEXTILE MILLS LIMITED THROUGH CHIEF EXECUTIVE


The Court of Appeal of the High Court, filed by the Bank for collection of Section 9 and 22 suit loans, decided that the two defendants had not inherited from the deceased former Managing Director of the company, none of them There is no personal responsibility, especially when they were neither guarantors nor signed a document. The Bank of Complaints was against the decision and the decree stating that the two defendants were the late Managing Director. The property he inherited from the judge was banned and the appeal was based on counsel's order. As far as the obligation of the two contenders to fulfill the decree is concerned, it is purely related to the bank's concession in question, it was a declaration of consent, which was not apparent. \ r \ n \ r \ n

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