Banking Court-I Karachi Summons in Bank Alfalah Recovery Suit No. 178 of 2026
Notice advertisement published in Dawn on Friday, 13 November 2026, listed under Karachi.
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Before Mr. Muhammad Saad Qureshi, Judge, Banking Court No. I, Karachi, Bank Alfalah Limited has instituted Suit No. 178 of 2026 under the Financial Institutions (Recovery of Finances) Ordinance, 2001, for recovery of Rs. 28,504,977.30, together with charges, costs and markup until realization of the whole amount.
The plaintiff, Bank Alfalah Limited, has its registered head office at B.A. Building, I.I. Chundrigar Road, Karachi, and its Main Branch at I.I. Chundrigar Road, Karachi.
| Defendant | Address |
|---|---|
| Mr. Raza Iqbal Agha, son of the late Iqbal Hussain Agha | House No. 55, Khayban-e-Shaheen, Phase V, DHA, Karachi |
| Mr. Hussain Iqbal Agha, son of the late Iqbal Hussain Agha | House No. 55, Khayban-e-Shaheen, Phase V, DHA, Karachi |
| Ms. Shazia Iqbal Agha, wife of Amer Nazim Haji | House No. 55, Khayban-e-Shaheen, Phase V, DHA, Karachi |
| M/s. Nitro Chemical & Gases (Pvt) Ltd. | Registered office: Nos. 801 and 804, 8th Floor, Emerald Tower, Block 5, 2 Talwar, Main Clifton Road, Karachi |
| M/s. Denim International (Pvt) Limited | Registered office: Plot No. 48, Sector 28, Korangi Industrial Area, Karachi |
The defendants are summoned to obtain leave from the court within 30 days of service to appear and defend the suit, and to cause an appearance to be 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 that it is reasonable to allow the defendant to appear.
In default, after the expiry of 30 days, the plaintiff may obtain a decree for a sum not exceeding Rs. 28,504,977.30, together with costs to be determined and such 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 December 9, 2026, at 9:00 a.m. before Banking Court-I, Karachi, at Block No. 55, Pakistan Secretariat, near Passport Office, Saddar, Karachi. The summons was issued under the hand and seal of the court on November 7, 2025, by order of the Reader, Banking Court No. I, 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.