NATIONAL BANK OF PAKISTAN versus WEST PAKISTAN TANKS TERMINAL (PVT.) LTD.
Section 10 and 11 of the Contract Act (IX of 1872), the Section 74 suit for the recovery of bank debt, was entitled under section 74 of the Contract Act, to claim claims for damages by the plaintiff / bank. Reasonable compensation, reasonable compensation is a question not to exceed the amount set forth in the agreement between the parties, where the plaintiff / bank has neither shown the document nor indicated how to calculate the losses incurred. How the claim was taken and how the compensation claimed was reasonable compensation, such a claim was against the provisions of the Contract Act, 1872, and it was rejected.
Find a Lawyer Near You
Dealing with a matter like this? Connect with a verified advocate in your city — free on SJP Lawyers Directory.
