Banking Court III Karachi Summons: United Bank Limited vs Muhammad Naveed Imtiaz, Suit No. 201 of 2026

Before Mrs. Naushaba Kazi, Judge, Banking Court III, Karachi, United Bank Limited, formerly known as Silk Bank Limited, has instituted Suit No. 201 of 2026 against Muhammad Naveed Imtiaz, son of Imtiaz Khalid, for recovery of Rs. 217,914.46 under the Financial Institutions (Recovery of Finances) Ordinance, 2001.

The defendant is summoned under Section 9 of the Financial Institutions (Recovery of Finances) Ordinance, 2001, to obtain leave from the court within 30 days of service of the summons to appear and defend the suit. Within that period, the defendant must enter an appearance. In default, the plaintiff may obtain a decree for a sum not exceeding Rs. 217,914.46, together with the cost of funds, if any, from the date of institution of the suit and such costs as the court may order.

Leave to appear may be obtained through an application supported by an affidavit or declaration showing a defence to the suit on its merits, or showing that it is reasonable for the defendant to be allowed to appear in the suit.

The matter is fixed for 15 December 2026 at 9:00 a.m. before Banking Court III, Karachi, at Block No. 50, Pakistan Secretariat, near Passport Office, Saddar, Karachi.

The summons, issued under Appendix B, Form No. 4, C.P.C., was given under the hand and seal of the court on 11 November 2026, by order of the Reader, Banking Court III, Karachi.