MEEZAN BANK LIMITED versus FOCUS APPARELS (PVT.) LTD.
Section 9 Civil Procedure Code (V8 1908), OI, R 10 Contract Act (IX 1872 of I72), Sections 131, 127 and 129 Impact of Receipt Agreement Guarantee / Guarantee Effect of Guaranteed Implementation of Legal Guarantee Legacy In the party's recovery case, the cancellation of the bail issued by the defendant on the grounds that the plaintiff's bank sought to enforce the legal inheritance of one of the defendants in the rehabilitation case, based on the aforementioned death bail. The bank's plaintiff's statement was that the said personal guarantee stated that in the event of his death, the defendants' successors would be liable and section 131 of the Contract Act, 1872 Provided that the bail issued by the death of the guarantor is rejected but only on the contrary, the guarantee of absence of contract cannot be enforced unless there is some consideration for the guarantee and guarantee. The agreement should be based on consideration and if the said ion was not brought to the record by consensus, then the court could not consider it. In this case, no matter was mentioned that the said defendant. What financial support was obtained against the guarantee given by them and it was not mentioned that there was any demand against it. Whether or not it is set. Although the deceased defendant agreed in his life that in the event of his death, the bank would have the right to dispose of its immovable and immovable assets, but no schedule was attached to the guarantee. Whether the defendant / guarantor provided. Any details of its immovable and immovable assets are in the midst of a mortgage and mortgage. And a
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