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UNITED BANK LIMITED versus NOOR SILK MILLS LIMITED


Banking Companies (Debt Receipt) Ordinance 1979 SS6 and 7 Civil Product Code (v. 1908) A-XXXVII Rr 1 and 2 suits were claimed by the plaintiff bank against the defendant in the suit. Was able to receive interest from the defendants was less than 4% of the rate published by the State Bank of Pakistan in which at least 10% of the annual plaintiffs failed to prove the interest rate. Because it claims to be entitled to a simple interest rate, as noted in the promise notes to the date of the filing of the case.

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