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AGRICULTURAL DEVELOPMENT BANK OF PAKISTAN versus ABDUL WAHEED


Section 5 Failure Institutions (Financing Recovery) Ordinance (XLVI of 2001), Section 7 Liquidated Damages, Recovery Suite Award Banking Tribunal, without any award, awarded damages and future mark to the bank in an appeal. ? Liquidator was entitled to a damages award and the subsequent markup validity bank was not entitled to recover the loss.

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