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PARAGON TECHNOLOGIES vs SUI NORTHERN GAS PIPELINES LIMITED Ss — 2024 CLD 153 LAHORE-HIGH-COURT-LAHORE

Case information

Citation
2024 CLD 153 LAHORE-HIGH-COURT-LAHORE
Court
Lahore High Court
Year
2024
Reporter
CLD
Parties
PARAGON TECHNOLOGIES vs SUI NORTHERN GAS PIPELINES LIMITED Ss

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

PARAGON TECHNOLOGIES VS SUI NORTHERN GAS PIPELINES LIMITED Ss. 13 & 5---Bank guarantee, encashment of---Principles and exception---Fundamental rule of payment under the bank guarantee independent of any dispute between the contracting parties is excepted only where fraud is alleged as against the beneficiary of the bond/guarantee and the bank has notice of such fraud.

Other judgments reported in 2024 CLD

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