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KASB BANK LIMITED versus MIRZA GHULAM MUJTABA


Sections 9 and 10 (3) (4) (5) (6) Receipt of Bank Debt Non-compliance of the conditions required to defend this case The plaintiff's bank resisted the application for leave to defend on this basis. The defendants did not comply with the requirements. The Ordinance, 2001, of Section 10 (3) (4) (5) of the Financial Institutions, did not comply with the provisions of Sections 10 (3) (4) and (5) of the Financial Institutions. (Recovery of Finance) Ordinance, 2001, therefore, the financial institutions were obliged to reject it under Section 10 (6) of the Financial Assistance (Restitution) Ordinance, 2001; Failure to disclose that with such requirements the defendants did not perform their obligations in accordance with the agreement and the plaintiff was rightfully sued by the bank for the defendants to present any important question in addition to the law. Failed to do so, which had to be proof. High Court suit dismissed for leave to defend case filed by lead defendants

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