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UNITED BANK LTD. versus GOLDEN TEXTILE MILLS LTD.


Banking Tribunals Ordinance 1984 Section 5 Banking Companies (Debt, Advancement, Credit and Recovery of Financial Issues) Act (XV of 1997), Section 15 Civil Procedure Code (V of 1908), Section 15 Civil for Marked Maintenance Credit Facility Markup Award on updating the procedure code (V-1908) pays the amount in respect of 7 bills of exchange till the submission of the claimant / bank suit till the claimant / bank converts to Pakistani currency correctly. Cannot claim any markup on the amount of bills incurred. Regarding maturity dates, payments made by the plaintiff / bank in connection with the outstanding bills of exchange cannot also be deducted, as the amount of such bills could not be made on the date of the claimant's registration. / The bank may have taken separate action to recover the amount which was made according to the amount made during the suit suit projections according to which markup and excise duty was imposed.

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