39/2021 Suit.B THE BANK OF PUNJAB (Plaintiff) V/S M/S HASCOL PETROLEUM LIMITED (Defendant)
Sindh High Court
Bench: Hon'ble Chief Justice Mr. Justice Muhammad Shafi Siddiqui(Author)
Order Date: 06-FEB-23
----With regard to candid admission on the part of the defendant, the execution of documents referred above including a request letter for grant of loan, sanction letters, finance agreements and creation of charge documents are of much significance. ----Defendants have neither denied execution of agreement nor challenged the authority of Mr. Jawed Khan to execute the agreement with it on behalf of the bank. It is thus not a question of law that could form substantial question out of the pleadings in consideration of law of Financial Institutions (Recovery of Finances) Ordinance, 2001 and execution of documents in particularFull judgment text for this case is not yet available on Pakistan Law Reports. Check the official Sindh High Court case law portal for the complete order.
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