Lahore High Court Proclamation of Sale – Court-Ordered Auction of Properties (United Bank Ltd v. Mazco Industries)
Lahore High Court Proclamation of Sale – Court-Ordered Auction of Properties (United Bank Ltd v. Mazco Industries) · Lahore · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Thursday, 23 July 2026, listed under Lahore. Issued by Lahore High Court Proclamation of Sale – Court-Ordered Auction of Properties (United Bank Ltd v. Mazco Industries). The last date printed on the advertisement was Monday, 24 August 2026 and has passed.
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United Bank Limited (Decree Holder) has caused a Proclamation of Sale under the Lahore High Court execution proceedings against Mazco Industries Limited and others. Multiple immovable properties (land, commercial shops, industrial units, machinery and superstructures) charged/mortgaged to United Bank are ordered to be sold by public auction to recover outstanding dues pursuant to the Court decree.
Key auction details, participation and inspection:
| Property | Brief Description | Reserve Price (PKR) |
|---|---|---|
| PROPERTY NO.1 | Immovable property comprising commercial shops/land as per court record | 36,980,000 |
| PROPERTY NO.2 | Immovable property comprising commercial/industrial units/land as per court record | 38,900,000 |
| PROPERTY NO.3 | Immovable property (land/building/machinery & superstructures) as per court record | 123,360,000 |
| PROPERTY NO.4 | Immovable property (land/building) as per court record | 130,000,000 |
Inspection and auction schedule (as published): properties may be inspected prior to the sale (inspection window shown in the proclamation). Interested bidders must comply with the auction terms and deposit the required security/bid money as directed by the Court (security to be deposited with the Deputy Registrar, Lahore High Court). The auctions will be conducted through Court-appointed auctioneers and in accordance with terms and reserve prices stated in the proclamation. Publication, site inspection and auction dates are set in the Court proclamation and prospective bidders should confirm specific lot inspection times and auction dates before attending.
Issuing authority: Lahore High Court (Proclamation of Sale under Execution Application). Decree holder: United Bank Limited. Judgment debtors: Mazco Industries Limited and others.
| Auctioneer / Contact | Office / Mobile |
|---|---|
| Waqar Amanulla — Advocate High Court / Court Auctioneer | Suite No.13, 1st Floor, SAF Centre, Fane Road, Lahore. Mobile: 0322-4692222 |
| Usman Nassir Awan — Advocate High Court / Court Auctioneer | Office No.102, 2nd Floor, Farid Tower, 19 Temple Road, Lahore. Mobile: 0300-0840569 |
How to participate: Interested bidders should review the full Proclamation of Sale available from the Lahore High Court record/published notice, inspect the properties on announced inspection dates, deposit the required security/bid money as directed and attend the public auction on the scheduled date. For authoritative details (exact inspection times, auction timings, deposit amount and complete terms & conditions) contact the Court Auctioneers or the Deputy Registrar, Lahore High Court.
Published in Nawa-i-Waqt on Thursday, 23 July 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.