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High Court of Sindh (Karachi) – Habib Bank Ltd v M/s Bismillah Industry — Summons (Suit B-22/2026)

High Court of Sindh (Karachi) – Habib Bank Ltd v M/s Bismillah Industry · Karachi · The News International,

Notice advertisement published in The News International on Tuesday, 15 September 2026, listed under Karachi. Issued by High Court of Sindh (Karachi) – Habib Bank Ltd v M/s Bismillah Industry. The last date printed on the advertisement was Friday, 18 September 2026 and has passed.

Newspaper clipping: High Court of Sindh (Karachi) – Habib Bank Ltd v M/s Bismillah Industry — Summons (Suit B-22/2026), The News International, 15 Sep 2026 Open the full-size clipping
Original clipping · The News International · 15 Sep 2026 · tap to zoom

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Habib Bank Limited has instituted Suit No. B-22 of 2026 in the High Court of Sindh at Karachi under the Financial Institutions (Recovery of Finances) Ordinance, 2001 seeking recovery of the outstanding balance. The Court (Assistant Registrar OS-II) has issued a summons to the defendants to appear and answer the claim.

Court / IssuerHigh Court of Sindh at Karachi — Assistant Registrar OS-II
Suit No.B-22 of 2026
PlaintiffHabib Bank Limited
ClaimRecovery of PKR 388,577,974.65 plus mark-up, liquidated damages, charges, cost of funds and cost of the suit from date of default till realization
Appearance Date & Time2026-09-18 at 09:30 a.m.
Summons Issued12 September 2026

Defendants named in the summons:

DefendantRole / Notes
M/s Bismillah IndustryCompany (Sole Proprietor: Asad Ali). Offices stated in Karachi.
Asad Ali S/o Muhammad IsamacelProprietor, Mortgagor and Guarantor; resident of House No. D-13, Golf Course Road, Phase-4, DHA, Karachi.
Muhammad Danish S/o Asad AliSuccessor, Mortgagor and Guarantor; resident of House No. D-13, Golf Course Road, Phase-4, DHA, Karachi.

Action required: Appear in person or by a pleader instructed and able to answer material questions, and be prepared to produce all documents intended to be relied upon in defence. File the written statement on or before the stated date. If the defendants fail to appear, the suit will be heard and determined in their absence.

Published in The News International on Tuesday, 15 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.

The News International · 15 Sep 2026
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