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AGRICULTURAL DEVELOPMENT BANK OF PAKISTAN versus MUHAMMAD TARIQ


The Banking Tribunals Ordinance 1984 Section 6 Contract Act (IX of 1872), Section 74 included all such allegations in the bank's statement of accountability when filing a lawsuit for recovery of bank loan recovery charges, insurance claims and cushion charges. ? The Bank Lane Banking Tribunal ruled in the case but did not allow these charges because the Waldetti Banking Tribunal properly denied the bank's allegations because the tribunal did not have the authority to allow it under the provisions of the Banking Tribunals Ordinance. 1984, insurance claims and cushion charges could not be recovered / received from the lenders because the reasons and cushion charges given by the banking tribunal for denying the insurance claims were in accordance with the law, in the judgment approved by the banking tribunal. Refused to interfere In the circumstances the appeal was dismissed

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