Public Auction — Shop/Plot in Landhi Township, Karachi (Banking Court-III)

Issuer: Banking Court-III, Karachi (Before Mrs. Naushaba Kazi). Decree-holder: National Bank of Pakistan. Judgment-debtor: Muhammad Salim s/o Muhammad Youtul, proprietor of M/s Sarim Haidry Chaklope.

Case/Execution: Execution No. 179 of 2007 in Suit No. 09 of 2013. Decretal recovery amount shown as Rs. 309,009 with future cost of funds at the prevailing rate notified by the State Bank of Pakistan to be calculated from date of default until realization.

Auction date & time: 2026-09-21 at 01:00 PM at the Banking Court-III, Karachi. Sale will be by public auction to recover the decretal amount.

Key terms:

- Property sold "as is where is" at court premises.

- The highest bidder must deposit 25% of the bid amount by pay order in favour of Banking Court No. I, Karachi, together with a photocopy of CNIC submitted to the Nazir of the Court. No cheque or cash accepted for the deposit.

- Balance of the bid amount must be paid by the successful bidder before the Court closes or within 15 days from the date of auction; failure to pay the balance within 15 days will result in forfeiture of the deposit.

- All government taxes and dues are to be borne by the auction purchaser.

- Sale subject to confirmation by the Court. The Court reserves the right to cancel the auction or not to accept any bid at any time.

Contact / official on record: Nazir, Banking Court-III, Karachi (Muhammad Hassan).