MESSRS TERMIZI OIL INDUSTRIES (PVT.) LIMITED THROUGH DIRECTOR versus INDUSTRIAL DEVELOPMENT BANK OF PAKISTAN THROUGH SENIOR VICE-PRESIDENT REGIONAL OFFICE, LAHORE
Sections 6 and 9 The three directors of the lending company suing for the loan were processed different documents at the time of receiving the loan, including three directors of the borrowing company said that three directors had sued in their personal case. Failure to discharge his responsibility for the competent company, which resulted in his being sued for recovery, was granted to the six accused to defend the case, none of the three directors Did not even appear as a witness, the only witness from the borrower was the one who was a stranger in this transaction. And there was no significant value to this statement. Syed's witness was unable to say whether the borrower's mills, the number of directors of the lending company, or the source from which funds were set up for the establishment of the mills. In his statement, he confessed that he had once visited the city where the company was located, on the other side of the bank a year ago, three witnesses who actually presented all the relevant documents. Who had passed the order after considering all these facts in the Plaintiff Banking Tribunal, and after considering all these facts, had passed the order and the High Court did not find any fault in the decision and the order. ? Tribunal and appeal dismissed
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