Banking Court No. I Karachi Summons in OLP Financial Services Suit No. 173 of 2026
Karachi · The News International,
Notice advertisement published in The News International on Saturday, 31 October 2026, listed under Karachi.
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Before Mr. Muhammad Saad Qureshi, Judge, Banking Court No. I, Karachi: summons under Appendix B, Form No. 4, C.P.C., in Suit No. 173 of 2026.
OLP Financial Services Pakistan Limited, a public limited company incorporated under the Companies Ordinance, 1984, with its registered office at Plot No. 16, Sector 24, Korangi Industrial Area, Karachi, has instituted a recovery suit under the Financial Institutions (Recovery of Finances) Ordinance, 2001, for Rs. 2,791,300, together with the balance of principal and markup due.
| Party | Name and Details | Addresses |
|---|---|---|
| Defendant 1 | Sheryar Anwer, son of Muhammad Anwer; Muslim, adult | House No. B-265, Saima Luxury Homes, Gulshan-e-Korangi, Karachi, near Shah Faisal Colony. CNIC address: House No. A-66, Sector 15-D, Korangi No. 4, Karachi. |
| Defendant 2 | Ovais, son of Munaf Moosa; Muslim, adult | Flat No. 337, Paradise Pride, Block 3, Clifton, Karachi. CNIC address: House No. A/2-50, Street No. 1, Baba Island, Karachi. |
The defendants are summoned to obtain leave from the court within 30 days of service to appear and defend the suit. Within that period, they must cause an appearance to be entered. In default, the plaintiff will be entitled, after expiry of the 30-day period, to a decree for a sum not exceeding Rs. 2,791,300, costs to be determined, and such markup and cost of funds, if any, from the date of institution of the suit as the court may order.
Leave to appear may be obtained through an application supported by an affidavit disclosing a defence on the merits or showing that it is reasonable to allow the defendants to appear in the suit.
The hearing is fixed for 3 December 2026 at 9:00 a.m. before Banking Court No. I, Karachi, Block No. 55, Pakistan Secretariat, near Passport Office, Saddar, Karachi.
Issued under the hand and seal of the court on 30 October 2026, by order of the Reader, Banking Court No. I, Karachi.
Published in The News International on Saturday, 31 October 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.