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HOUSE BUILDING FINANCE CORPORATION LIMITED versus FIRST DAWOOD INVESTMENT BANK LIMITED

Sections 9 and 10 Apply for leave to defend bank loan recovery suit Banker and customer relationship law and fact question Defendant finances the bank's request for recovery of bank loan against the payee accused. And made some payments to the bank through the defendant because of markup, therefore, the banker and customer relationship between the parties cannot be challenged by the defendant. Also admitted that nothing was paid on the actual amount. The defendant was payable to the bank The defendant failed to raise any substantial question about the law or the fact that the evidence was required to be recorded. The High Court refused to grant leave to defend the defendants' case.

Related judgments — Karachi High Court Sindh, 2011

• MUHAMMAD MUSTAFA KAMAL v. FEDERATION OF PAKISTAN through Secretary Revenue Division/Chairman Federal Board of Revenue, Islamab 2011 PLC(CS) 162
• GULSHAN-E-EAISAL, COOPERATIVE HOUSING SOCIETY, LTD. through Secretary v. PROVINCE OF SINDH through Chief Secretary 2011 PLD 163
• UNITED PAPER BOARD AND CONE INDUSTRIES through Partner v. SINDH INDUSTRIAL TRADING ESTATE LTD. 2011 YLR 167
• FAYYAZ ALI v. EMPLOYER/OWNER OF FACTORY 2011 PLC 167
• NOOR REHMAN v. State 2011 YLR 172
• MUHAMMAD NAEEM v. WAQAR AKHTAR 2011 CLC 172
• CRESCENT STAR INSURANCE COMPANY LIMITED v. SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN 2011 CLD 173
• AYAZ v. State 2011 PCrLJ 177

All Karachi High Court Sindh judgments of 2011 →

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