Sections 10 and 9 of the Contract Act (IX of 1872), Sections 148, 172 and 176 of the Civil Procedure Code (VV 1908), Section 47 Application of the Banking Court to defend the dispute in respect of the stock of promise for leave to proceed. The petition for leave to defend the defendants was dismissed by the defendants who stated that the applications could not be dismissed when the defendants disputed the mortgaged stock. And that the mortgaged stock, while in the possession of the plaintiff bank, was stolen. Under Articles 148 and 172 of the Contract Act, 1872, no injunction could be granted against the defendants. Guarantee was the delivery of goods by a person to another purpose as per the contract and when the purpose is fulfilled the goods will be returned or otherwise disposed of, to the person to whom the supply is made. According to his instructions, they were in Pune. The mortgaged goods are obliged to return the powder but where the pawnr failed to repay the loan. After taking notice of the payad, the mortgagee was within his rights to sell the goods or retain the goods to recover the debt and file a lawsuit when the decedent was ordered to do so. When executing, the question may be asked whether the boiler was in a position to return the security of the mortgaged goods to Bailey. And that's why the financial institution is looking at the commodity pledge as a suicide attack. The defendant / customer cannot be allowed to defend the suit. Depending on the status, condition and availability of the goods being graded, or who
Related judgments — Lahore High Court Lahore, 2015