UNION BANK OF MIDDLE EAST versus CONSOLIDATED SHIPPING LTD.
Banking Companies (Recovery of Loans) Ordinance 1979 Section 6 Civil Procedure Code (V 1908), OXXXVIII, Rr 2 3 Leave to defend the case Defendant Bank opened the account at the Plaintiff Bank and obtained credit facilities Prompt notes were processed to secure the goods and fraudulent documents were registered. The defendants used the credit facilities but failed to pay. The plaintiffs' Dubai branch had recovered from the foreign parties because it had held the defendants. The bill was purchased, so the defense had not raised any real issue in this case Defendants could be prosecuted for unconditional leave defense. Khalid Anwar Plaintiff for Plaintiff's Defense to Offer Security
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