MESSRS M.O.A. TEXTILES (PVT.) LIMITED versus HABIB BANK LIMITED
Vacation to defend Sections 10, 13 and 21, the unconditional leave grant for defense has presented to the banking court a substantial tribunal issue by the defendant, and in such cases, it is banking. It was a forceful and stringent action for the court to impose a condition of bank guarantee of the entire original amount without actually notifying the defendant or approving the parties to the hearing on the question, with the amount of liability actually running Is linked to the default liability in litigation proceedings. As a review of the unconditional leave order for the defense, when any assistance was either prayed or otherwise emphasized by the plaintiff judge and decree, which was fully emphasized by the defendant The bank was based on a failure to meet the condition after issuing the guarantee and not on the merits of the dispute over which the defense was granted leave, the High Court allowed the appeal and set aside the defendants and the parties. Directed to appear in Banking Court to hear the case and to settle within six months.
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