Banking Court III Karachi Summons in UBL Recovery Suit No. 193 of 2026
Notice advertisement published in Jang on Tuesday, 10 November 2026, listed under Karachi.
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Banking Court No. III, Karachi, has issued summons in Suit No. 193 of 2026 concerning a recovery claim filed by United Bank Limited (UBL) under Section 9 of the Financial Institutions (Recovery of Finances) Ordinance, 2001.
The bank seeks recovery of Rs. 275,595.84. The defendants are required to obtain leave from the court to defend the suit within 30 days of service of the summons. The application for leave to defend must set out the grounds of defence and the substantial questions of law and fact requiring adjudication.
If leave to defend is not obtained within the prescribed period, the allegations of fact in the bank’s plaint may be treated as admitted, and the court may pass a decree in the bank’s favour. The proceedings also concern the bank’s claim for costs and other applicable relief.
The court is located at Block No. 50, Pakistan Secretariat, near the Passport Office, Saddar, Karachi.
Published in Jang 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.