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The High Court granted an interim status quo order restraining the respondents from impounding or selling the applicant’s trucks and trailers pending the application.
The High Court Commercial Division dismissed Exim Bank’s default judgment application for inadequate proof and unauthenticated documentary evidence.
Default judgment for the bank after borrowers and guarantors failed to defend a claim on unpaid credit facilities, with damages, interest, and costs awarded.
The High Court’s Commercial Division entered summary judgment for Diamond Trust Bank after the defendants failed to obtain leave to defend a loan-recovery suit.
Failure to plead grounds for exemption from limitation in the plaint renders the suit time barred and subject to rejection under Order VII Rule 11(c) of the Civil Procedure Act.
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