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MUHAMMAD ARSHAD AND ANOTHER versus CITIBANK N.A., LAHORE

Section 9 Conversation Tool Act (XXVI of 1881), Sections 20 and 118 Constitution of Pakistan (1973), Article 185 (3) Recovery of Bank Debt Financing Contract; Also, the appellate court ruled in favor of the bank and the appeal was dismissed, which was raised by the defendants that a number of columns were left vacant at the time of signing the finance agreement and the bank issued a letter Was made. Not only was the fraudulent reorganization agreement signed just to increase its claim, but the defendants also affixed their thumb impression which was never denied that the relevant column would remain in place again. The truth and authenticity of the deal was not up to the board. Empty and consequently the bank-filled Supreme Court withdrew the observation that even if it had been acknowledged, why then the contract was followed and followed. It was paid ten installments and the outstanding dues were reduced, in fact, the installments were made according to the repayment schedule, which is an integral part of the rescheduling AG. The purpose was the restructuring of the financing facility and not the elimination of the obligations. The rescheduling agreement was authentic, real and effective between the parties and It was followed by the provisions of Sections 20 and 118 that no benefit can be given to the defendants. The Talking Instruments Act, 1881, on the basis that the contract was not fully paid because it was implemented solicitors from Shahkot lawyer