Bank Alfalah Public Auction — Mortgaged Offices in Karachi (27 Aug 2026)

Issuer: Bank Alfalah Limited. Sale under Section 15(4) of the Financial Institutions (Recovery of Finances) Ordinance, 2001 read with applicable Rules (2018). Properties to be sold "As Is Where Is" without court intervention.

Mortgagors: Mr. Muhammad Farrukh Ashraf & Mrs. Mariam Farrukh. Guarantor: M/s Kamboz Enterprises. Outstanding amount against mortgagor(s): Rs. 9,168,032 as of 2025-02-10, plus costs and costs of funds until payment.

Auction schedule and venue: Auction proceedings will commence at 3:00 p.m. on 2026-08-27. The auction is scheduled to be conducted at 3:30 p.m. sharp on 27 August 2026 at Bank Alfalah Ltd, Clifton Karachi Branch (0031), Plot # BC-6, Block 9, Clifton, Karachi.

Mortgaged properties are located at Panorama Center #2, Plot 248, Staff Lines, Fatima Jinnah Road, Saddar, Karachi (3rd Floor).

Key conditions: sale to be conducted without court intervention; properties sold on an "As Is Where Is" basis. Prospective bidders should note outstanding dues and that costs and fund charges will apply until payment.