Public Auction of Mortgaged Property under Bank Execution — Hyderabad

Banking Court No.11, Hyderabad, acting on execution proceedings filed by the Agricultural Development Bank (Sewand branch), will sell immovable property of Ghulam Dastgir (son of Muhammad) by public auction to recover Rs. 849,220 plus costs. The auction is scheduled for 25-09-2006 at 1:00 PM; the opening (forced sale) bid is Rs. 400,000.

Immediate deposit of the specified earnest money in cash or pay order is required at the announcement; no cheques will be accepted. The balance must be paid to the court within 15 days after the sale. Sale is subject to court confirmation; the successful bidder is liable for all applicable taxes. The court reserves the right to cancel or refuse any offer. Inspection of the property is allowed during office hours.