Public Auction: Mortgaged Flat (7th Floor) in Saddar Bazaar Quarters, Karachi

Issuer: Banking Court-III, Karachi (Before: Mrs. Naushaba Kazi, Judge). Execution No. 174 of 2021 in Suit No. 06 of 2020.

Plaintiff: Sinch Bank Ltd. Judgment Debtor: Building Suleman Sorbet, Saddar, Karachi.

Purpose: Public auction of mortgaged immovable property pursuant to the above execution.

Auction venue: Court premises of Banking Court-III, Karachi (Block No. 50, Pakistan Secretariat, Saddar, Karachi). Time: 01:00 p.m.

Key terms and conditions:

• Property will be auctioned on an "as is where is" basis at the Court premises.
• The person declared highest bidder/purchaser must deposit the bid amount by pay order; no cheque or cash will be accepted.
• Deposit requirement: 25% of the bid amount to be deposited by the bidder.
• All government taxes and dues shall be borne by the auction purchaser.
• The sale is subject to confirmation by the Court; the Court reserves the right to cancel the auction or not to accept any bid at any time.

Notice issued by the Banking Court-III, Karachi. Date of notice: 2026-08-11.