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NATIONAL BANK OF PAKISTAN versus SPECTRUM FISHERIES LTD


The suit chartered accountant Finn was appointed commissioner to examine the accounts of the parties plaintiffs and the plaintiffs, to provide a complete record of the loans, which will record the records Will do To ascertain the debts and payments made by the defendant company in which the above loan was marked up, the Syed Commissioner will submit a detailed report against the defendants as to the accounts reflecting the outstanding balance. It was claimed by the lawyer that the loans were disbursed. The full statement of accounts was not filed. The defendants further submitted that the plaintiff bank had calculated the compound markup, by which the law on the other hand did not allow the counselor for the plaintiff to distribute the loans on time. Was paid, but not by the plaintiff company, a commission was paid, the Commissioner will examine the matter and record the party's books and / or the parties' request for leave to defend in the light of the shortages omitted.

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