HABIB BANK LTD. versus FAROOQ COMPOST FERTILIZER CORPORATION LTD
Contract Act 1872 Section 2 (e) Contract Act (IX of 1872), Section 74 Banking Tribunal refuses to pay damages up to 20% under Section 74, as evidenced by the Contract Act call that before the banking tribunal storage disposition. Was required Section 11 (4), the Banking Tribunals Ordinance, 1984, has been unsatisfactory for a period of thirty days from the date of the decree, after the order was passed and the only declaration remained unsatisfactory, And the losses under the Banking Tribunals Ordinance are estimated. The Tribunal shall, at the request of the regulators, impose penalties on the nature of the damages, the amount of which is arbitrary.
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