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SHIFA MEDICOS versus NATIONAL BANK OF PAKISTAN

Contract Act 1872 Section 2 (h) Loans Against Security Goods During the term of the loan period the quantity and quality of the loan deteriorated and the liability agreement between the lenders and the lenders shows that the quantity, standard on the last return of the goods. And the lenders have no obligation with regard to the condition. Lenders were obliged to look after the mortgaged goods, except that the defenders and the guards against theft were responsible for maintaining the warehouses in good condition and keeping the goods in such condition. That were not damaged or made useless. The lenders had to provide and provide them as technicians and knowing that when the mortgaged goods were to be damaged, they would be withheld, before such time as the goods could be damaged. Was obliged to consult the lenders for the disposal of the goods properly. Debt lenders may be allowed for equipment malfunction In written statements the lenders did not object to evidence that such goods stored by them were damaged due to the lender's negligence. top advocates from Sherani lawyer