Sections 3 (2) and 7 of the West Pakistan Relief of Obedience Ordinance (XV of 1960), section 3, were ordered for rehabilitation The decree on the money in favor of the bank was based on the note of absence of a penal interest agreement. What I objected to in the appeal of the legal status was that in the absence of a fine-grabbing agreement, the bank could claim only simple interest and rely on section 3 of the West Pakistan Relief of Undertakings Ordinance 1960, the bank. After deducting this amount, the appellants could not receive double the amount. Payment by the appellant record shows that there was no contract in which the appellants demanded payment of penalty interest, nor was it ever acknowledged by the appellants, the penalty interest was any Cannot be obtained without express agreement, in the absence of a penalty payment agreement, the bank had no option to take a penalty interest
Related judgments — Lahore High Court Lahore, 2004
