Banking Court IV Karachi summons in recovery suit for Rs.218,347.80

Banking Court IV, Karachi has issued a summons in a recovery suit filed by a bank (plaintiff) with its principal head office at State Life Building No.1, I.I. Chundrigar Road, Karachi, against Faiz Rahman son of Abdul Rahman, an adult resident of House No. 784-R, Nusrat Bhutto Colony, North Nazimabad, Karachi.

The suit seeks recovery of Rs. 218,347.80 plus service charges, court costs and funds under the Financial Institutions (Recovery of Finance) Ordinance, 2001 (XLV of 2001), section 9(1). The defendant is directed to obtain leave from the court to defend within thirty days; failure to do so may result in a decree being passed. A returnable appearance is scheduled for 2026-08-03 at 08:30 AM. The summons was issued on 2026-07-23 under the signature and seal of the court.