Banking Court Karachi Summons in Bank Alfalah Recovery Suit No. 174 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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Banking Court No. I, Karachi, before Judge Muhammad Saad Qureshi, has issued summons under Appendix B, Form No. 4, C.P.C., in Suit No. 174 of 2026, filed by Bank Alfalah Limited against Syed Wajeeh Ur Rehman, son of Syed Faiz Ur Rehman.
| Party | Details and Addresses |
|---|---|
| Plaintiff | Bank Alfalah Limited, registered head office at B.A. Building, I.I. Chundrigar Road, Karachi; Special Asset Management Group (SAM South), Office No. 501, 5th Floor, Fortune Center, Block 6, PECHS, Nursery, Main Shahrah-e-Faisal, Karachi. |
| Defendant | Syed Wajeeh Ur Rehman, son of Syed Faiz Ur Rehman, Muslim, adult. Addresses: Flat No. A-401, 4th Floor, Falaknaz Heights, Block N, Scheme-33, near DC Office, North Nazimabad, Karachi; N-58, Block 13, Gulistan-e-Johar, Karachi; Flat No. A-412, Street No. 59, Block N, North Nazimabad, Karachi; and House No. 28/11, Mujahid Firdous Colony, Liaquatabad, Karachi. |
The plaintiff has instituted a recovery suit under the Financial Institutions (Recovery of Finances) Ordinance, 2001, for Rs. 8,737,215.21, together with markup, profit, cost of funds, charges and costs relating to the finance facility and the outstanding principal and markup.
The defendant is summoned to obtain leave from the court within 30 days of service of the summons to appear and defend the suit. If leave is not obtained, the plaintiff may, after expiry of that period, obtain a decree for an amount not exceeding Rs. 8,737,215.21, together with recovery costs and any cost of funds ordered by the court, from the date of institution of the suit until realization. An application for leave to appear may be supported by an affidavit or declaration showing a defence on the merits or that it is reasonable to allow the defendant to appear in the suit.
The matter is fixed for 2 December 2026 at 9:00 a.m. before Banking Court No. I, Block No. 55, Pak Secretariat, near the Passport Office, Saddar, Karachi. The summons was issued under the court's seal 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.