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SH. ANAYAT ALI versus NATIONAL BANK OF PAKISTAN


Constitution of Pakistan (1973), Article 199 The applicant's constitutional jurisdiction, the account holder of the \ Profit / Loss Sharing System, was that he had invested with the bank in his monthly scheme and at that time he Rate was earned. 90% profit on the above mentioned scheme without deduction of Zakat of Rs. Thereafter, from time to time, the bank reduced the current profit rate, at the time of filing of the present constitutional petition, at a lower profit each month, and that the present constitutional petition was filed by the applicant for the promotion and protection of personal rights. ? In order to realize the promise of profit / loss contribution by the bank, the public interest bank's financial statements did not provide information that met the standards and calculation of State Bank of Pakistan BCD Circular No. 34 dated 26 11 1984. Specific and relevant to the ambiguity of representation were financial statements, for example, the accumulation of markup and interest income, the disclosure of administrative expenses as a special head and, therefore, the financial controller of the bank. Deceptive and careful scrutiny was invited from the report, which announced that reducing it would reduce the treasury. Due to this, the dividend rates distributed among the bank's depositors include the y-bill rate, the inter-bank rate and the monetary policy implemented by the State Bank of Pakistan, which have objected to the bank's stance that the State Bank of Pakistan BCD Circular No. 34 is the only standard for determining the rate of profit in its deposited accounts, which also invites scrutiny. An analysis was necessary to verify bank statements along with such requests, however, a business

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