Section 7 and 9 Contract Act (IX of 1872), Section 178 Constitution of Pakistan (1973), Article 199 Constitutional Application Loan Guarantee Suit for Debt Receipt by Bank Petitioner, The High Court has directed that against the bank Prevent proceedings The applicant (guarantor) was unable to make timely payments to repay the debt owed by the original lender, there was no reason to request a constitutional jurisdiction of the High Court Loan Agreement, It appeared that both the lender and the guarantor were jointly made and responsible for the payment of the debt He had not had any fixed asset or collateral by the bank for payment, the bank had given loans to loans was only guarantee the security on which it is based. Therefore, the entire responsibility will fall on the shoulders of the guarantor, however, the original obligation remains that the borrower's guarantor was also a liability o Refused and rejected the constitutional request
Related judgments — Lahore High Court Lahore, 2009
