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PAKISTAN WATER AND POWER DEVELOPMENT AUTHORITY (WAPDA) THROUGH AUTHORIZED SIGNATORY---PLAINTIFF versus AMERICAN EXPRESS BANK LIMITED


The bank's denial of the bank's guarantee for the recovery of money against the provisions of Sections 2 (e), 9 and 10 in the bank's petition issued by the defendants in the bank's guarantee was that the plaintiff was neither his client nor his client. The issuance of such guarantees will constitute "finance" as described in Section 2 of the Financial Institutions (Recovery of Finance) Ordinance, 2001, which includes a person in appreciation of \ user \ 's accuracy in the ordinance 2001. , From which the guarantee was issued, but the person has been excluded. The defendant, whose right was guaranteed, raised substantial questions about the law and the fact under which he was granted leave to defend the case.

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