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P.I.C.I.C versus FAZAL CORPN. (PVT) LTD


Section 4 Contract4 Contract Act (IX of 72 1872 of), Section 176 Shares of the Shares and the Bank's guarantee that the Company is in possession of the Shares in question even though the Patent Company's assets were still in possession of the Debt Payment. Its position was different from the common law under Section 176, Contract Act 1872, under which a footman has the right to sell pledge goods only after giving proper notice of the sale of the pledged goods; He was not a common drunkard but was responsible for it. The vacant transfer of shares through PADR was implemented, the first of which was that the latter (Pliver) had the right to give notice by the applicant under Section 176, Contract Act, 1872. Had given up and the other had given it. The more intangible right of transfer to transfer ownership of the shares to any bank guarantor may be as good as cash but it was not cash in the transfer process and the shares associated with the bank guarantee were in favor of the company.

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