Public Auction Notice — Suit No. 142 of 2026 — Banking Court III, Karachi
Public Auction Notice · Karachi · Daily Kawish,
Notice advertisement published in Daily Kawish on Saturday, 1 August 2026, listed under Karachi. The last date printed on the advertisement was Tuesday, 8 September 2020 and has passed.
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Issuer: M/s JS Bank Limited (plaintiff). Suit No.: 142 of 2026 filed in the Banking Court, Karachi. The plaintiff invokes the Financial Institutions (Recovery of Finances) Ordinance, 2001 (section referenced in the notice) and claims recovery of Rs. 58,170,508.43.
Purpose: Public auction / recovery proceedings in respect of mortgaged/secured assets against several defendants (defendants numbered 2–9 in the notice). The notice lists multiple companies and individuals with their registered/principal offices, identification numbers and property/plot references as respondents in the suit.
Required action by defendants: The notice advises that defendants may apply for leave to defend and must file appropriate applications within 30 days where applicable. Failure to appear or to obtain leave to defend may expose defendants to recovery measures under the Ordinance.
Auction / appearance date and venue: Parties and interested persons are directed to appear on 2020-09-08 at 09:00 AM at the Banking Court, Karachi (as specified in the notice) for the proceedings/auction hearing.
Order date and issuing judge: The notice records a court date/order dated 2026-07-31. Issued under the signature of the Reader, Banking Court No. III, Karachi.
Note: The notice lists multiple defendants (numbered 2–9) with registered/principal office details, identity numbers and property/plot references; interested parties should consult the original court notice or contact JS Bank Limited or the Banking Court for the full list of defendants, exact property descriptions and further auction/procedure details.
Published in Daily Kawish on Saturday, 1 August 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.