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ALLIED BANK OF PAKISTAN LIMITED versus MODERN METALLIC SERVICES


Section 10 BCD Circular No. 13 dated 20 6 1984 To defend the case for leave, the defendant's request was that the price and the purchase price return were mentioned in the agreement, but that the mark column was blank, In the absence of a payment agreement. Markup, the plaintiff was not entitled to receive the bank markup The correct agreement shows that the transaction was negotiable (byejjajal) or a sale on a deferred payment basis or an agreement to sell the credit on Annexure I of BCD. One of the related trade-related financing methods detailed in Circle 13, dated 20 6 1984 is the purchase of goods by banks and the sale of the sale to clients, based on the deferred payment, the defendant mentioned in the agreement. Date or earlier agreed to pay markup in item price per cent was entitled to markup in price ie Froo T and the difference between the return value

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