With the consent of the parties of Sections 3, 9 and 10, the suit appointed a chartered accountant to examine the account and submit a report on the arrears. The bank did not deny the financing, but was discharged. What was stated in the petition for defense was that the borrower who applied for such a facility did not do so in his personal capacity, but rather was raised in the consideration of his business. Confessed to avail of the facility, saying that in the absence of borrower's refusal to avail the facility, Dilai In the event of non-receipt of such facility, there was no legal consequence of the borrower's objection, that whenever a financial facility was terminated, markup markup was received, this would be sufficient. The objection was that after the rollover, the value of the markup would be equivalent to converting the markup based facility to interest based facility, which was not valid under the Bank's Law Council against all the services provided to the lenders. , The bank will not mark its claim. Above and only ask for an order regarding the principal amount that the Chartered Accountant determined in his report, the suit was ordered accordingly.
Related judgments — Karachi High Court Sindh, 2010
