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Banking Court V Karachi Summons: MCB Islamic Bank vs Sadaf Nazeer, Suit No. 191 of 2026

Banking Court V Karachi Summons · Karachi · Dawn,

Notice advertisement published in Dawn on Friday, 13 November 2026, listed under Karachi. Issued by Banking Court V Karachi Summons.

Advertisement details

The Banking Court No. V at Karachi, presided over by Judge Dr. Hatim Aziz Solangi, has issued a summons to Sadaf Nazeer, daughter of Syed Adnan Ali, in Suit No. 191 of 2026 filed by MCB Islamic Bank Limited (MCBIBL). The court is located at Block-48-C, Pakistan Secretariat, Saddar, Karachi.

PartyDetails and Addresses
PlaintiffMCB Islamic Bank Limited, with its registered office at 59 T, Block, D.H.A., Lahore, Pakistan, and its Consumer and Finance branch office at 27-A, Mezzanine Floor, Business Arcade, PECHS, Block-6, Shahrah-e-Faisal, Karachi.
DefendantSadaf Nazeer, daughter of Syed Adnan Ali, Muslim, adult, residing at Flat No. E-7, Med City Apartment, Iqbal Colony, Teen Hatti, Karachi; Flat No. 01, Ground Floor, Plot No. 440, PIB Colony, near Bank Al-Habib, Karachi; and House No. D-2, Pak Capital Compound, Gulshan-e-Iqbal, Karachi.

The plaintiff has instituted a suit for recovery of Rs. 1,499,835.05, together with liquidated damages, cost-of-funds charges and costs until realization of the whole 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 7 December 2026 at 8:30 a.m. and to apply for leave to defend the suit within 30 days of service of the summons. In case of default, the plaintiff will be entitled, after expiry of that period, to obtain a decree with costs and such markup or interest, if any, as the court may order.

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

The summons is dated 10 November 2026 and issued by order of Zuhaib Ahmed Jamali, Reader, Banking Court No. V, Karachi.

Published in Dawn on Friday, 13 November 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.

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