Banking Court V Karachi Summons in HBL Recovery Suit No. 188 of 2026

Banking Court No. V, Karachi, at Block 48-C, Pakistan Secretariat, Saddar, Karachi, has issued a summons in Suit No. 188 of 2026 concerning a recovery claim filed by Habib Bank Limited.

The recovery suit has been instituted under Section 9 of the Financial Institutions (Recovery of Finances) Ordinance, 2001, Ordinance XLVI of 2001. The defendant is summoned to appear before the court on the scheduled date and must apply for leave to defend within 30 days of service of the summons.

If leave to defend is not sought within the prescribed period, the claimant may obtain a recovery decree, together with costs, after expiry of that period. The application for leave to defend must comply with Section 10 of the Ordinance and identify the questions of law and fact requiring adjudication.