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NUSRAT ALI ANJUM versus SMALL BUSINESS FINANCE CORPORATION, RAHIM YAR KHAN

Sections 20, 21 and 22 of Pakistan People's Corporations Act 1972 (1973), Article 199 Constitutional Application Loan Payment Markup / Recovery of interest, borrowed from the applicant's corporation with their free consent And implemented the agreements in this regard. The corporation, along with the applicants who were responsible for repaying the debt, did not dispute the obligation to repay the original amount, but emphasized that the Federal Shariah Court, along with the Islamic Shari'a court against the integration of Islamic, Had also announced interest / markup, they were not responsible for paying interest / Although the announcement was made against inclusion of Islam in any form, but its recovery was not stopped in the past. And in a closed transaction, the applicants were, in the circumstances, obliged to refund the contract. The interests / marking were implemented unanimously with the corporation best advocate from Bhuawana lawyer