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ZULFIQAR ALI versus HABIB BANK LIMITED THROUGH MANAGER


Banking Companies (Debt, Progress, Credit and Finance Recovery) Under the Articles 15 and 21 of the Ordinance 1997, the Decree of Debt Collection with Markup and Town Charges issued a privileged scheme, dated 12 10 1998 I was told that if the default borrower paid 10096 to the principal, then within 60 days, then the markup would be waived. The payment of Rs. 1,600,618, which resulted in the payment of Rs.1,27,618, was paid and the entire principal amount was overcome. The bank held that over Rs 40,000,000 was owed to Rs 81,688 in addition to the allegations of the law and was payable by the judgment which was passed by the judgment debtor in the present Appellate High Court order. 429 963 was deposited under the judgment of the person who ordered that within 60 days the payment of Rs 30 000 as legal charges of the bank would be relieved of all the obligations under the judgment and order. ? In the event of his failure to do so, he will be responsible for paying the entire declaratory debt, accordingly the appeal was settled.

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