MULTAN TEXTILE ALLIED INDUSTRIES (PVT.) LIMITED versus HABIB BANK LIMITED
The reason for the execution of the provisions of Sections 19 and 22 was adjusted on the guarantee that the residual mortgaged property by the Banking Court was resisted by the warrant of possession that the liability was adjusted and The purpose of the adjustment was to create any financial agreement. Holder's bank was responsible for proving his claim that the underlying vouchers were internal vouchers and adjustments were made with the latest financial facility in view of the agreements. Failure to perform his duty to prove and reliability evidence was not a result of any statement made by the defendants that was a contradiction to the facts of the case and the defendant's responsibility for the decision. Could not be relied upon, especially when dealing with bank creation records Athlete was unable to deliver updates. The absence of admission in the statement of the convenience of finance, adjustments to various facilities from such facilities and the provision of fresh financing facility, the provision of fresh financial assistance and its provision were not proved by the High Court. Allowed and set aside the order passed by the Banking Court of Appeal. In the circumstances it was allowed
Related judgments — Lahore High Court Lahore, 2015
