Habib Bank AG Zurich vs Hatton National Bank Limited – SC APPEAL NO: 134A/09-2011

In the case between Habib Bank AG Zurich and Hatton National Bank Limited (as substituted plaintiff) and M.S.Hebtulabhoy & Co. Ltd., the court addressed the validity of proxy filings and the legal effect of delayed procedural objections following plaintiff substitution. It was held that belated objections to proxy defects, especially those raised nearly five years after proceedings began and subsequent to plaintiff substitution, should not invalidate or delay trial proceedings. This holding reaffirms the principle that procedural objections must be raised promptly and should not thwart the substantive progress of litigation unduly. The decision relied upon a review of the complete procedural record and relevant case law, underscoring that technical or procedural defects may be cured and th