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INDUSTRIAL DEVELOPMENT BANK OF PAKISTAN versus GHAZI PAPER MILLS


Section 9 and 10 suits for collection of loans Defendant Bank's request for leave to defend, which received various financial benefits from the plaintiff bank, failed to adjust or dispose of its obligations, the bank marked the markup As well as filing a lawsuit to recover the debt, the defendants filed a leave to defend the defendants' basic premises. The plaintiff's bank requested that the plaintiff bank pay NOC for the amount owed to the third party in the petition. Generating Second Charge on Defendant Company Mortgage Assets While observing the Company's management deadline, the Defendants should inspect the mortgage and the charges to which the Company / Bank / third party was obliged to pay. Defendants' record defense application acknowledges their mistake as a result of their inspection error if neither the bank nor the defendant were held liable for failure to comply with the contract or disclosure without legal liability. The party liabilities cannot be mentioned, the responsibility of the plaintiff as the creditor of the plaintiff company cannot be considered. The annoyance of the aggrieved persons was the result of their own mistake and there was no ground for permitting leave to defend, no breach of duty owed by the plaintiff, leave application for defense of the case dismissed. Done

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