Proclamation of Sale — Court-Ordered Auction of Mortgaged Properties (United Bank Ltd. v. Mazco Industries) — Lahore High Court

United Bank Limited — Execution Application No. 39328-B/2021 in C.O.S. No.72/2016 (Lahore High Court) announces a court-ordered proclamation of sale of immovable properties belonging to judgment debtor Mazco Industries and associated persons to satisfy decretal dues. The decree and execution proceedings authorize public auctions of multiple properties. Interested bidders must follow the terms, deposits and procedures specified by the Court and the court-appointed auctioneers.

Key auction terms (as advertised):

• Inspection: Properties may be inspected on dates specified by the Court Auctioneers prior to each auction (arrange inspection with the auctioneers).
• Participation: Members of the public may participate subject to deposit of earnest money as required by the notice.
• Earnest Money: Bidders must deposit the earnest/security money prior to participation as specified in the proclamation.
• Sale Confirmation: Sales are subject to confirmation by the Hon’ble Court and payment terms and timelines stated in the proclamation.
• Detailed parcel descriptions, full terms & conditions, and valuation reports are set out in the proclamation and should be reviewed before bidding.

Court & case: Lahore High Court, Lahore — United Bank Limited v. Mazco Industries (Execution Application No. 39328-B/2021 in C.O.S. No.72/2016).

Court Auctioneers / Contacts:

• 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.

Prospective bidders should consult the full proclamation and contact the Court Auctioneers for verification of exact parcel details, deposit amounts, inspection arrangements and the Court’s terms before participating.