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ADIEU (PVT.) LIMITED THROUGH DIRECTORS/ CHIEF EXECUTIVES versus PLATINUM COMMERCIAL BANK LIMITED THROUGH PRESIDENT/CHAIRMAN/CHIEF EXECUTIVE/ MANAGING DIRECTOR


Sections 9 and 22 of the Civil Procedure Code (v. 1908), OVII, RR 10 and 11, suit for recovering damages against the bank and the insurance company, claimed that the liar obtained various financial benefits from the bank and in this regard He promised he stored pesticides as a primary safeguard and was in control of the bank and said that after the payment of the premium, the shock was uncovered with the bank-approved company. The appellant alleged that the stock was stolen against which an FIR was filed, but was handed over to the stolen stock by the insurance company. Denied the claim or the appellant, the petition was dismissed by the insurance company to exclude its name from the ranks of the respondents, the bank filed the claimant under OVII, R 11, CPC and banking. Appeal for rejection The court said that the application was made under an unenforceable order and the appellant was returned to the plaintiff stating that the banking court had no jurisdiction to pass judgment on the matter. The appellant provided by the bank claimed to have the facility of validity loan, the appellant had obtained and the insurance company said that nothing was to be done to recover the loan facility but was told that the finance facility was The decision had already been made. In relation to goods, the insurance policy, which should have been imported against the L / C opened by the borrower, was not introduced under the definition of lender as financial institutions (recovery of finances). The ordinance was given in 2001 and there is no compensation

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