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KASB BANK LIMITED versus MESSRS TRANS LIMA PRIVATE LIMITED


In order to recover the amount of lease buses leased to the defendants in Sections 9, 10 and 15, the suit states that the defendants defaulted and leased several installments in accordance with the lease agreement. Failure to obtain insurance policies Vehicles are renewed upon expiration of the insurance policies, by the defendants and their actions and omissions, become entitled to comply with the terms set forth by the plaintiff / bank parties. And affect the recovery of money behind it. Principles of Financial Institutions Financing (Recovery) Ordinance, 2001

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