Banking Court V Karachi Summons Ghulam Muhammad in Dubai Islamic Bank Recovery Suit

Before Dr. Hatim Aziz Solangi, Judge, Banking Court No. V at Karachi, Block-48-C, Pakistan Secretariat, Saddar, Karachi: summons in Suit No. 185 of 2026, filed by M/s Dubai Islamic Bank Pakistan Limited against Ghulam Muhammad, son of Muhammad Khan.

The plaintiff has instituted a suit for recovery of Rs. 987,109, along with liquidated damages, cost-of-funds charges and costs until realization of the entire amount, under Section 9 of the Financial Institutions (Recovery of Finances) Ordinance, No. XLVI of 2001.

The defendant is summoned to appear before the court on 3 December 2026 at 8:30 a.m. and must apply for leave to defend the suit within 30 days of service. In default, the plaintiff will be entitled, after expiry of that period, to obtain a decree with costs and such markup or interest as the court may order.

The application for leave to defend must be in the form of a written statement and contain a summary of the substantial questions of law and fact for which evidence requires recording, in accordance with Section 10 of the ordinance.

Dated 5 November 2026. Issued by order of Zuhaib Ahmed Jamali, Reader, Banking Court No. V, Karachi.