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MIAN ABSAR AKHTAR versus ZARAI TARAQIATI BANK LTD.


Section 9 Contract Act (IX of 1872), section 128 suits for the recovery of loan amount by the bank guarantor, from his obligation to fulfill the conditions offered by the bank to the bank guarantee. The bank secretary of the lending company, which includes the terms, the bank loan company did not accept such unilateral terms. That there was a compromise between the company and the bank, then no one had guaranteed the guarantee. Such terms should be included in the bank guarantee, the lending company was an independent legal entity, therefore, the terms contained in the letter from its secretary cannot be part of the guarantee, executed separately by guarantee. In the last case the suit against the surety was issued \ r \ n

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