I. A 54/2019 (D.B.) Pakistan Kuwait Investment Company (Pvt) Limited V/S Amtex Limited & Others
2026 SHC KHI 1881Sindh High Court2026
Bench: Hon'ble Mr. Justice Muhammad Faisal Kamal Alam, Hon'ble Justice Ms. Sana Akram Minhas(Author)
I. A 54/2019 (D.B.) Pakistan Kuwait Investment Company (Pvt) Limited V/S Amtex Limited & Others Sindh High Court
Bench: Hon'ble Mr. Justice Muhammad Faisal Kamal Alam, Hon'ble Justice Ms. Sana Akram Minhas(Author)
Financial Institutions (Recovery of Finances) Ordinance 2001 - Court's power to dismiss leave to defend application for non-prosecution - Section 3 does not extinguish the customer's contractual liability for mark-up - Liability extends to both the cost of funds and agreed contractual mark-up.
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