Banking Court V Karachi Summons in Suit No. 198 of 2026

Banking Court No. V, Karachi, has issued a summons to the defendants in Suit No. 198 of 2026, a recovery proceeding under Section 9 of the Financial Institutions (Recovery of Finances) Ordinance, 2001 (Ordinance XLVI of 2001).

The defendants are directed to appear before the court on 10 December 2026 at 8:30 a.m. The court is located at Block No. 48-C, Pakistan Secretariat, Saddar, Karachi.

An application for leave to defend must be submitted within 30 days of service of the summons, in accordance with the ordinance. Failure to obtain leave to defend may result in a decree being passed in favour of the plaintiff.

The summons was issued under the court's seal on 12 November 2026.