MCB BANK LIMITED vs ADEEL SHAHBAZ STEEL MILLS Ss — 2023 CLD 655 LAHORE-HIGH-COURT-LAHORE

Case information

Citation: 2023 CLD 655 LAHORE-HIGH-COURT-LAHORE
Court: Lahore High Court
Year: 2023
Reporter: CLD
Parties: MCB BANK LIMITED vs ADEEL SHAHBAZ STEEL MILLS Ss
Subject matter: Banking
Provisions referred to: S. 2; S. 9

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

MCB BANK LIMITED VS ADEEL SHAHBAZ STEEL MILLS Ss. 2(a) & 9---Financial institution---Procedure of Banking Courts---Leave to defend---Scope---As S. 2(a) read with S. 9(5) mentions branch offices, the amount of finance availed, carrying on or transaction of business, therefore, the statement of account being sent to the defendant at his address would also be taken into consideration while deciding the leave to defend.

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