Notices Closed 18 Jun 2026
Public Auction: Mezzanine Floor, Al-Murtaza Heights, Qasimabad, Hyderabad - JS Bank
Public Auction · Hyderabad · The News International,
Notice advertisement published in The News International on Wednesday, 15 July 2026, listed under Hyderabad. The last date printed on the advertisement was Thursday, 18 June 2026 and has passed.
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JS Bank Limited (Special Assets Management Department) announces a public auction of mortgaged commercial property to recover outstanding dues.
| Borrower / Account | M/s Sindh Enterprises (finance availed by Shabnum Petrol Pump) |
|---|---|
| Mortgaged Property | Complete mezzanine floor of Al-Murtaza Heights, Plot No. B-16, Type B Commercial Area, Government Employees Co-operative Housing Society, Taluka Qasimabad, District Hyderabad |
| Owner / Mortgagors | Mr. Sohail Adeeb Bachani (Guarantor & Mortgagor). Also mortgaged by Mr. Rashid Ali (Guarantor & Mortgagor). |
| Outstanding Amount | Rs. 21,881,358.54 (as determined by Chartered Accountant firm dated 2024-03-20). Cost of funds until realization will also be payable. |
| Reserve Price | Rs. 23,686,000.00 |
| Auction Date & Time | 18 June 2026; proceedings commence at 03:00 PM (auction conducted thereafter at 03:30 PM) |
| Venue | JS Bank Limited, Latifabad Branch, Plot #12, Block-D, Unit 07, Latifabad, Hyderabad |
| Issuer / Contact | JS Bank Limited, Special Assets Management Department |
Important instructions:
Participants must bring original CNIC along with three copies to participate. The 03:00 PM cut-off time on the auction date is final. No bids below the reserve price will be accepted. Other terms and conditions of sale apply as per the Bank's public auction notice.
Published in The News International on Wednesday, 15 July 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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