GULSHAN ADAMJEE versus MUSLIM COMMERCIAL BANK LTD.
Section 2, 3 and 4 negotiable instruments act (XXVI of 1881), section 68 Banking Companies Ordinance (LVII of 1962), Section 5 (d) to recover the amount of the plaintiff in the form of Fixed Deposit Receipts (FDRs). The suit that FDR issued in their favor. Over the years, the Bank's Branch of the Bank in 1970 and 1971. That in November 1971 1971 1971, due to the deteriorating situation in East Pakistan, he could not submit the FDR to the Branch of Enclosure for promotion, thus, he wrote a letter to the President of the bank along with the original. Requested the FDR to transfer its funds to its branch in Karachi. The issuance of fresh FDRs; that the President sent a letter to the FDR to his Karachi head office to follow the instructions given by the plaintiff, but no action was taken by the bank, which was later transferred to the East. After the fall of Pakistan, the returned FDR was returned to the plaintiff. And that the bank had a contract and agreement with the bank to issue the latest FDR from Karachi and failed to do so. R's plaintiff was obliged to pay the amount. That the FDRs issued by its Dacca branch had to be submitted to the Map Dacca Branch and for this purpose it could not be sent to its President. It has been confirmed by the bank that the amount mentioned was received by the bank for a specified period and the payment of interest rate mentioned on its preparation was not mentioned in any condition on FDR. That only DACA Branch will be obliged to pay its dues, even if the bank president's move to disclose FDR
Related judgments — Karachi High Court Sindh, 2010
