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MESSRS DELITE HOUSE (PVT.) LIMITED versus ISLAMIC INVESTMENT BANK LIMITED THROUGH BRANCH MANAGER


Section 22 Appellant acknowledged its obligation towards the principal amount and the markup amount was also provided in the account statement filed by the appellant with leave request, which is the only amount that the bank claimed and it I was not added to anything. The amount was the same as a compound markup on the amount, the appellant was obliged by the bank to pay the said amount to reduce the liability of the appellant, under the circumstances \ r \ n \ r \ n

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