HABIB METROPOLITAN BANK LTD. versus MIAN ABDUL JABBAR GIHLLIN
Section 9 and 10 Electronic Transaction Ordinance (LI of 2002), an electronically created statement of a bank account, filed with the claimant by the claimant through a Section 3 suit application for recovery of loan money by the bank. In the absence of the signature of the officer requesting the bankruptcy and the seal of the bank, the documents prepared electronically will not require any signature under the Electronic Transaction Ordinance, 2002, with the full picture of the loan facility obtained by the defendant. Such statements of accounts will not be considered documented. Failure to process the documents established by the defendant by the plaintiff and refusal to avail of the loan facility and to discharge his obligation in accordance with the terms of the agreement, when the defendant is entitled to a section 10 (3), 10 Failed to comply with the provisions. 4) and 10 (5) Financial Institutions (Recovery of Finance) Ordinance, 2001 cannot be considered as a routine leave or right matter for defense of the Grand Case, unless this case involves a substantial question of fact and law. Neither the defendant nor the refusal to comply with the loan documents nor comply with the law required, therefore, he was not entitled to leave. The vacation petition to defend the High Court was rejected and the decision was consequently ruled \ r \ n \ r \ n
Related judgments — Karachi High Court Sindh, 2013