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MESSRS NATIONAL BANK OF PAKISTAN versus MESSRS MARHABA TEXTILE LTD.

Section 19 State Bank of Pakistan BCD Circular No. 13 1984, on the amount of the execution data of the Order of the State Bank of Pakistan BCD Circular No. 32 1984, paid by the Markup Banking Court on the amount awarded by the banking companies ( The Debt Restoration, Progress (Credit and Finance) Act, 1997, should not be confused with markups receivable under a backup agreement. Markup Award by the Banking Court in cases filed under Banking Companies (Debt, Progress, Credit and Recovery of Financial Issues) Act 1997. Unclaimed money was a legal obligation independent of the contract markup that the financial institution was entitled to receive from its customer under the purchase agreement, the markup award on the monetary amount by the banking court, in the circumstances, therefore Could not be avoided State Bank of Pakistan BCD Circular No. 13 and 32 of I984, the markup element was already present under the withdrawal agreement, charging financial institutions is prohibited, but the contract is marked. Sanctions related to financing that arise under contract finance where banking companies (loans advances, credit and credit The Recovery Case was filed under the Recovery of Financial Affairs (1997) Act, under which the banking court will have the power. From the date of the filing of the financial data to the receipt of the entire decimal amount, the exclamation mark, in addition to the responsibility for the markup payment agreement that was set forth at the end of this decree, is a legal obligation of the financial It was claimed for a user of the company that he was going to collect data from the date of filing a lawsuit. ask a advocate free from Manoabad lawyer