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NATIONAL BANK OF PAKISTAN versus MAAN CROCKERY STORE


Sections 134, 135, 137 and 139 of the Contract Act 1872 were subject to a debt relief against the borrower in a three-year period against the borrower, although after the acquisition of the facility, the borrower The plaintiff did not care to repay the debt and repay the loan (within that period), in not suing the principal debtor for recovering the loan amount within one year. Had failed to check the assumptions), the guarantee could not be relieved of its responsibility. If the lender failed to discharge its obligation and repay the loan, the borrower could sue, the lender was free to sue the debtor. Also guaranteed over a three year period

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