KARACHI ELECTRIC PROVIDENT FUND versus NATIONAL INVESTMENT (UNIT) TRUST
Sections 9 and 2 (d) (e) suit against National Investment Trust Maintenance Claimant for holding the value of NIT certificates by its holder, having become a shareholder in the trust as a unit certificate. Thus, an investor's claimant was a financial institution, where the funds were pooled, but the claimant could not be a customer as described in Section 2 (e) of the Price Ordinance Fixation by the Trust and The right to purchase a unit certificate will not be financed, as the ordinance unit's certificate distribution would be equivalent to an investment. This is not in accordance with Article 9 of the Ordinance because neither the customer nor the banker's relationship exists between the parties, nor is there any agreement with regard to any financial assistance by the plaintiff. Such relations showed the High Court behaving like a common suit to handle the matter at its core.
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