JAWWAD S. KHAWAJA, J.---This appeal impugns the order dated 8-8-2001 passed by the learned Banking Court No,IV, Lahore. It has been argued on behalf of the appellant that the appellant did not execute a guarantee or any memorandum of deposit of title deed in favour of the respondent- Bank to secure the liability of Messrs G.A. Industries, respondent No,2.
2. Learned counsel for the appellant was repeatedly asked to explain as to why the original title deed of the appellant was in the custody of the respondent-Bank. He was unable to offer any satisfactory explanation. He merely stated that respondent. No,4, namely, Rashid Masih, was a preacher who had obtained the appellant's title deed under some inducement with the object of providing it as security somewhere. Learned counsel for the appellant has not been able to give any details of where the title deed was to be shown or the property comprised therein offered as security. Furthermore, it is clear from the record that the said title deed was deposited with the respondent-Bank on 26-9-1994. We do not find it plausible or credible that the appellant took no steps for almost seven years to retrieve the title deed. In these circumstances, we find that there is no merit in the stance adopted by the appellant.
' In the circumstances, we dismiss this appeal. revisions by the competent authorities. Therefore, it is advisable to consult the official sources or legal professionals for the most up-to-date and accurate information.