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MUSLIM COMMERCIAL BANK LIMITED versus PETWANI EXPORT AND IMPORT TRADING CO.


Sections 10 and 15 (2) of the Banking Companies (Debt, Progress, Recovery of Credit and Financial Affairs) Ordinance 1997 suit for the defense of the loan amount in the suit for the defense of the principal amount up to the risk of the agreement with the plaintiff / loan It was filed by the lender that the court would approve the payment of the finance in installments and send or release part of the interest or the recovery of the banking companies (loans, advances, credit and financial matters) under section 15 (2) of the Act. The court is required to fulfill such use of force. , 1997 was neither brought on the record nor claimed by the defendants / creditors. Repayment of installments was not allowed in the installments and the suit was pronounced in the case.

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