Meezan Bank Auction Notice for Sale of Mortgaged Property to Recover Dues

Issuer: Meezan Bank. Purpose: Public notice of proposed sale/auction of mortgaged/secured property to recover outstanding dues. Affected parties, lien holders, and claimants are requested to submit any objections or produce proof of discharge of encumbrances within the time allowed.

Key instructions: Submit written objections or supporting documents to the issuing branch within 18 days of this notice’s publication. If no satisfactory objection or proof is received, the bank will proceed with disposal/auction of the property to recover the outstanding financing amount and associated costs.

Legal/Tax references cited in the notice include relevant provisions involving FBR and the Income Tax Ordinance, 2001; claimants should ensure tax/record clearances as applicable before contesting.

For details on the property(s), outstanding amount, auction schedule, reserve price and participation requirements, contact Meezan Bank’s branch or call the 24/7 Call Centre: (021) 111-331-331 & (021) 111-331-332. More information and official particulars are available from the bank on request.