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UNITED BANK LTD., KARACHI versus GRAVURE PACKAGING (PVT.) LTD.


Banking Companies (Loans, Progress, Credit and Recovery of Financial Issues) Ordinance 1997 Section 9 Contract Act (IX of 1872), Sections 23 and 62 False Contracting Suits The policy marked for the collection of bank loans is to enter into a new agreement Your quantity includes validity. Subsequent contracts do not alter previous contracts, no previous contract mention or reference is advised to only accept documents that can be viewed on the bank document entry. Is. The approval advice, approved by the bank's agreement only, in the presence of the contract, the loss in the presence of the customer agreement cannot be accepted, there is a document signed by both parties that the contents must be seen Banks are barred from adopting an action or process whereby they artificially or temporarily show a better status. The bank account's ion markup is added to the bank's assets. Clearly gives better status and cannot be allowed directly which is not indirect And any contract that is of this nature, if allowed to violate any law or contrary to public policy, is a false agreement where markup is included in large sums. And the actual amount (principal means the sale price) is added and after reaching the repurchase price, there is an increase, either on renewal, capitalization, on the basis of received or booking route, markup There will be nothing but markup, but the bank will only agree to the first agreement

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