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WAQAR QAMAR versus HABIB BANK LIMITED

Financial Institutions (Recovery of Finance) Ordinance 2001 Sections 9, 17 and 22 for the receipt of a loan amount with markup and legal fees to submit a claim for payment of the concession money during the plaintiff's petition filed in the suit court. Such a request was pending with the recovery, unless the court ruled on the suit with the observation that the amount paid in the suit would be adjusted. The defendant's assertion was that he did not owe the bank any markup and legal charges, that the unlawful decree was an unlawful valid incentive scheme, provided that only the original amount was payable and all types of markups were legal. The charges were claimed as a court fee of Rs 15,000 and Rs 5,000 as bank fee as claimed by the bank. In the decree, the respondent High Court also accepted the appeal and submitted the decree with the judgment and observations accepted which will pay the defendant Rs. 20,000 within one month, failing which The bank can resort to recovery top advocate from Qambar Shahdatkot lawyer