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MESSRS PAK. GREEN ACRES (PVT.) LTD. versus UNITED BANK LIMITED


Sections 9 and 11 (2) of the Contract Act (IX of 1872), section 73 and 74 decree in connection with the entry of borrowers from the bank loan recovery, failure to decide on the matters raised by the creditors, the lenders Accepted responsibility for the extent of Rs. 11, 71. 400??, but denied the rest of the liability for markups and damages, the banking court ruled in favor of the borrower on the basis of their filing, and liquidated damages in the figures, mark-over markups and Also failed to discuss any evidence related to the issue of comprehensive interest-related banking admissions, therefore, the banking court erred in dismissing the lawsuit that was set by the Supreme Court. Was not in accordance with the law.

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