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HABIB BANK LTD. THROUGH DULY AUTHORIZED ATTORNEYS versus FAIQA TRADING COMPANY (PVT.) LTD. THROUGH DIRECTOR AND CHIEF EXECUTIVE OFFICER


Articles 9 and 10 apply for leave to protect claimants in the application for a suit bank loan recovery, which was denied, and also extended the facility of financing at the request of the defendants. Was updated. The wrong calculation by the defendants and that the defendants had made an additional payment of Rs 201,747 to the account associated with the plaintiff, thereafter the benefit of the financing was taken, and thereafter the payment, the detention. And this was the regular reflection of the renewal. In the approval letter showing the credit and debit articles, the parolee revealed that the markup was calculated correctly as the defendants agreed in the same dispute that they owed the bank a sum of Rs 201,747. That was not sustainable The defendants could not succeed in raising. Any question relating to law and fact which requires recording of evidence, the High Court dismissed the application for leave to defray the OTC Funds and defense of the hearing of the order as well as the costs.

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