Court-Ordered Public Auction to Recover Rs. 24,680,608.73 — Bank Court No. III, Karachi
Court-Ordered Public Auction to Recover Rs. 24,680,608.73 · 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 2026 and has passed.
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Bank Court No. III, Karachi has ordered a public auction to recover an outstanding amount of Rs. 24,680,608.73 under the Financial Institutions (Recovery of Finances) Ordinance, 2001 (Section 9). Suit No. 143 of 2026 is listed for hearing/auction before the court. The hearing/auction is scheduled for 2026-09-08 at 09:00 in Bank Court (Court No. III/111), Karachi. Interested parties may appear in court on the listed date and make representation or defence.
Key case facts:
| Item | Party / Defendant (as listed) | CNIC (where readable) | Property / Business / Address (as listed) |
|---|---|---|---|
| 1 | Messrs New Chand Rice Mill (listed) | null | Registered / principal business located at site nos. 29-X and 30-X (site area) |
| 2 | Katialal Diwan (associated with New Chand Rice Mills) | 41303-0453990 | House No. 78-D, Citizen Colony, Qasimabad, Hyderabad |
| 3 | Makish Kumarit / related person (associated with New Chand Rice Mills) | 7-1793799-41307 | Listed in connection with properties at Taluka/Tehsil (reference in notice) |
| 4 | Mrs. Shrimati / related person (associated with New Chand Rice Mills) | 41303-3685679 | House No. 78-D, Citizen Colony, Qasimabad, Hyderabad |
| 5 | Mrs. Shrimati Yuga Bai (listed) | 41303-7476328 | House No. 78-D, Citizen Colony, Qasimabad, Hyderabad |
| 6 | Fresh Kumarit / related person (listed) | 41303-9836878 | Property at Thalobolakhan / Tehsil Thalobolakhan, District Jamshoro (as listed) |
| 7 | Registered firm (business address listed in Karachi) | null | Registered/ principal address: 2nd Floor, Hussein Trade Centre, New Gali, Altaf Hussain Road, Karachi (as listed) |
| 8 | Messrs Sahil Metal / industrial firm (listed as defendant) | null | Registered business location referenced: Survey/plot reference 11-353/9; New H.Q., Taluka Sanghar / Sanghar district (as listed) |
Legal basis: Recovery under Financial Institutions (Recovery of Finances) Ordinance, 2001; outstanding amount stated as Rs. 24,680,608.73. Suit No.: 143 of 2026. Venue: Bank Court No. III (Court No. 111) Karachi.
Hearing / Auction date & time: 2026-09-08 at 09:00 — Bank Court No. III / Court No. 111, Karachi.
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.