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AGRICULTURAL DEVELOPMENT BANK OF PAKISTAN versus MESSRS BANDAGI AGRO SERVICES (PVT.) LIMITED

Banking Tribunals Ordinance Sections Sec A case for obtaining finance based on the mark and refusal of the finance nine markup, which can be marked up to five times the tenure period that the bank was given the option to sign five times. The cushion will claim the amount of the period after the statement is debited. To compensate the financial institutions and to terminate the proceedings, the Validati Bank State Bank of Pakistan could not present any law on this subject to repeal any circular or any such law. The bank can only receive markups for a period of up to 210 days for recovery, and that too only once the institute suits through a user-initiated date until in the present case the suit markup institution Was not charged with the suit markup. Five times and on various occasions and during the account currency, the banking tribunal had rightly taken notice of it and refused to pay the amount due to legal weakness and cushion period, which could not be discounted by the bank. Yes / No legal amendment was not guaranteed in the judgment as the High Court had requested that the appeal be dismissed with merit. advocate from Malakand lawyer