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BANK OF PUNJAB THROUGH AUTHORISED OFFICER versus KNK INFRASTRUCTURE (PVT.) LTD.


Section 3 Debt Restitution Contracting Debt Restoration Service Charge Markup Plaintiff's Compensation Provided Defendants with Disbursement Finance Agreement Contracting $ 78 Million and Cost of Purchase of Transaction Equipment 90% was set at Rs, upon expiration of facility and payment error, a fixed agreement was reached which extended the tax period but the additional period was 88% service on the defendant's dispute. Charges were made that the contract was imposed longer than the contract period, a rescheduled contract with respect to service charges was not enforceable. A. Because it is said that the charge was clearly of interest and could constitute a non-payment under the law or on the terms of the Marabha Facility Financial Institutions (Recovery of Financial Issues) Ordinance 2001. Lenders / Financial Institutions are entitled to compensation through the cost of funds determined under the provisions of Section 3, from the date of default to the date of receipt of the Defendant's dispute regarding the acquisition of markup under the agreement relating to the ordinance. Was retained and the suit was adjudicated to the extent that it was unjustified against the accused and jointly and with payment of funds. From the date of payment to the receipt of the terms of section 3 of the Ordinance \ r \ n

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