HABIB BANK LTD. versus TAJ TEXTILE MILLS LTD. THROUGH CHIEF EXECUTIVE
In the case of reorganization and reorganization of past finances, restructuring money is not provided, but it is brought forward as a responsibility of the consumer, and therefore claimed. There is no physical distribution of this amount. As a result, the bank's claim was false or baseless, and without any merit, no fraud or misrepresentation could be attributed to the bank, if, by the defendants, by reorganizing the former loan. In this regard, all relevant documents, including guarantees, were asked to be processed. And in the finance agreement Plaintiff met the requirements of Section 9, Financial Institutions (Restoration of Finance) Ordinance, 2001, properly documented the proper background of financial matters between the plaintiff / bank and the defendants / lenders. The help was paid to the plaintiff. The allegations of fraud cannot be construed as a factual question of HT, because of the admitted documents that could have sought leave or the suit was ordered in favor of the bank.
Related judgments — Lahore High Court Lahore, 2009
