Nai BaatBanking Court III Karachi Summons in JS Bank Recovery Suit No. 190 of 2026
Notice advertisement published in Dawn on Tuesday, 10 November 2026, listed under Karachi.
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Before Mrs. Naushaba Kazi, Judge, Banking Court No. III, Karachi, JS Bank Limited has instituted Suit No. 190 of 2026 under Section 9 of the Financial Institutions (Recovery of Finances) Ordinance, 2001, seeking recovery of Rs. 11,102,149.50, together with cost of funds from the date of default, any other penalty imposed, and other reliefs.
The plaintiff, JS Bank Limited, has its registered office at Shaheen Commercial Complex, Dr. Ziauddin Ahmed Road, Karachi, Sindh.
| Defendant | Capacity | Address and Identification |
|---|---|---|
| M/s Glimmer & Co. | Principal borrower | 20 F 3/6, Block 6, P.E.H.S., Karachi |
| Mrs. Lubna Batool | Partner and guarantor | House A 121/2, Main Khayaban-e-Shujat, Phase 6, DHA, Karachi. CNIC: 42101-1236147-2. Muslim, adult. |
| Mrs. Kiran, daughter of Syed Feroz Ali Zaidi | Guarantor | House No. 15/15, F-3, Nazimabad, Karachi. CNIC: 42101-9164267-4. Muslim, adult. |
The defendants are summoned to obtain leave from the court to appear and defend the suit within 30 days of service and to have an appearance entered within that period. An application for leave to appear must be supported by an affidavit or declaration showing a defence to the suit on its merits, or grounds making it reasonable to allow the defendant to appear.
In default, after expiry of the 30-day period, the plaintiff may obtain a decree for an amount not exceeding Rs. 11,102,149.50, together with costs to be determined, markup and cost of funds, if any, from the date of institution of the suit, as the court may order.
The matter is fixed for 10 December 2026 at 9:00 a.m. before Banking Court III, Karachi, at Block No. 50, Pakistan Secretariat, near Passport Office, Saddar, Karachi.
The summons was issued under the hand and seal of the court on 6 November 2026, by order of the Reader, Banking Court III, Karachi.
Published in Dawn on Tuesday, 10 November 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
