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AL BARAKA BANK (PAKISTAN) LIMITED vs SUI NORTHERN GAS PIPELINES LIMITED art — 2023 CLD 1436 LAHORE-HIGH-COURT-LAHORE

Case information

Citation
2023 CLD 1436 LAHORE-HIGH-COURT-LAHORE
Court
Lahore High Court
Year
2023
Reporter
CLD
Parties
AL BARAKA BANK (PAKISTAN) LIMITED vs SUI NORTHERN GAS PIPELINES LIMITED art
Subject matter
Civil

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

AL BARAKA BANK (PAKISTAN) LIMITED VS SUI NORTHERN GAS PIPELINES LIMITED art. 72---Documentary evidence---Scope---Documentary evidence always takes preference over oral deposition as a man can tell a lie but a document cannot. Ss. 6 & 13---Suit for recovery of outstanding gas charges---Bank guarantee, encashing of---Sui Northern Gas Pipelines Limited filed suit against appellant/Bank to encash bank guarantee provided in favour of consumer company to recovery outstanding gas charges of customer company---Suit was decreed in favour of plaintiff company---Validity---Bank guarantee claiming a categorical undertaking imposed absolute obligation on guarantor bank to pay guaranteed amount without being influenced by performance of the contract---High Court declined to interfere in judgment and decree passed by Trial Court as the same did not contain any illegality, material irregularity or misreading of evidence---Appeal was dismissed, in circumstances.

Other judgments reported in 2023 CLD

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