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FAZAL MUHAMMAD versus AGRICULTURAL DEVELOPMENT BANK OF PAKISTAN


AR 199 Circular No. RD / 01/2002, August 22, 2002, the Constitution Petition issued by the Agricultural Development Bank of Pakistan for loans made by the farmers to the disaster-affected areas. Announced the relief package through circular date 22 5 2002. The provincial government has, through a notification, declared the areas belonging to the applicants as a disaster from Kharif 2000 to Rabi 2000. Such period was extended from 1 7 2001 to 30 6 2002 The bank refused to extend the benefit of coverage to the applicants and demanded loans from them, such as the period of drought and drought due to the validity corrigendum. It was retracted. From 2001 to 30 6 2002, the Corrigendum awarded the applicants benefits because the drought victims were the applicants. 225 The bank's refusal to extend the benefit to the applicant in the title of relief provided by the circular of 2002. Was without process and the legal authority had accepted the constitutional petition with the observation that those applicants having loans up to Rs 25,000 would be exempt from interest. / Check this, while the applicants, who took out loans up to Rs.1,00,000, will be entitled to 100 remission of the outstanding interest / markup, provided the original amount is paid to the bank within two months. Either in the knot or In money or installments

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