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NATIONAL BANK OF PAKISTAN versus GAMMON OF PAKISTAN LTD.


Section 19 Limitation Act (IX of 1908), Section 19 and Article 181 Decree for recovery of loan amount, Implementation and Order of Limitation Petition filed on 30th 1998 for implementation of judgment on 13th 1998 1990 22 5 In 1990, the bank holding the order was yellow. The Company's Deputy Director and Managing Director acknowledged in their letters dated 7 199 12 1991 and 13 1992, and in the annual reports from 1990 to 1998 and 2001, that the bank justified its obligation. has been given. With the request, which letter was collected in the date of approval of the decision, such letters and such representatives were signed by the company representatives to acknowledge the loan owed by the company to the company, clear , Can be treated as irrelevant and unconditional confession. Under Section 19 of the Limitation Act, 1908, every year since 1990, the annual report had a fresh beginning to its boundary period.

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