HEALTHCO SURGICAL SUPPLIES versus STANDARD CHARTERED BANK (FORMERLY CHARTERED GRINDLAYS BANK, ANZ GRINDLAYS BANK)
Failure to comply with Section 9 (3) of Section 9 (3) of the Financial Institutions (Finance Recovery) Ordinance, 2001, in order to defend the suit for the recovery of the bank loan, was effected by the Plaintiff Bank / Respondent. Sue filed for recovery of loan amount / Applicants who applied for leave to defend the case, which was rejected by the Banking Court respondents that Section of Financial Affairs (Rehabilitation) Ordinance, 2001 The requirements of 9 (3) were not fulfilled, so he was responsible for them. The dismissal and the plaintiff's bank illegally submitted two financials and then charged them with making illegal and illegal marks. The plaintiff did not comply with Article 9 (3) of the Ordinance, but the decision was not made on the fact that the banking court was compensated. The amount paid by the defendants was also not changed in the defendants' dispute that the letters written by way of settlement were neither the same nor any evidence was admissible or admissible, and therefore could not be relied upon, If an acceptable defense claim was not claimed by the banking court, which respected a portion of the claim, as a result, the defendants were entitled to leave for defense. In this regard, the defendants were remanded under trial for trial under trial.
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