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HAROON RASHID versus HABIB BANK LIMITED THROUGH MANAGER


Section 9 suit for recovering the finance provided for the purchase of the vehicle stated in the settlement agreement between the parties to recover the balance amount after the bank has seized the default vehicle in payment of installments by the customer. Failure to pay an installment on the customer's own due date, the bank will be entitled to pay the entire balance amount and demand the vehicle to be seized and sold to the same bank, as well as to the sold vehicle in its own right. After the takeover and sale of the customer's account, the matter was not taken to the bank. The abandoned user did not refuse to process the leave application, obtain financial assistance, and provide for the possession of the vehicle without any arrangements to recover the balance amount. Circumstances r \ n \ r \ n

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