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NATIONAL BANK OF PAKISTAN versus MUHAMMAD MOIZ


Banking Companies (Recovery of Loans) Ordinance 1979 Sections 6 and 7 of the Civil Procedure Code (v. 1908), OXXVIII, RR2 and 3 Suite Bank, on request of applicants (collateral) for recovery of suit Appeal to appear and defend Other Attorney (principal borrower) General Attorney loaned to Defendant Other Defendant guaranteed repayment of interest along with Letter of Guarantee and principal loan The borrower executed the mortgaged post under the plot, in which the other defendants, the surety, were executed. And the counsel of the principal borrower requested that the principal borrower be the owner of the firm, himself also responsible for the bank's claim and that he is the sole lawyer, so he cannot be held responsible for paying the debt, The defendant, who was on the face of the defense set up by the second defendant, is defiant and has not raised any credible issue because the principal borrower had admittedly registered the General Power of Attorney in favor of the other defendant and his defendant as well. The original was a guarantor to the lender and as such he was equally responsible for repaying the loan in his capacity because the surety At present, the defendants were not entitled to adjudicate the suit against both defendants jointly and with multiple interest.

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