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UNITED BANK LTD. versus S. FEROZUDDIN BAJWA


Banking Companies (Recovery of Loans) Ordinance 1979 Section 2 Civil Procedure Code (V 1908), O. XXXVII, R 3 Summary Jurisdiction to apply for leave to appear for leave and defendant claiming penalty interest There is no arrangement for the defendants to pay the penalty interest in the loan agreement, however, the amount payable by them is recognized by the court on the basis of the material recorded on the record that The plaintiff claimed to have a contract to pay the penalty interest. , Failed to disclose any agreement to the effect that the court subjected defendant's plea to the condition that defendant acknowledged the payment to be payable by him, and defendant waived the amount to that extent Ordered at a fixed rate from the date with proportional price and interest. Regarding the remaining amount of the claim for payment, the defendants have been granted unconditional leave to the APP, and suit defense

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