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Summons — Askari Bank Ltd v. Babar Ali | Banking Court No. V, Karachi (Suit No. 134 of 2026)
Summons · Karachi · The News International,
Notice advertisement published in The News International on Thursday, 27 August 2026, listed under Karachi, Pakistan. The last date printed on the advertisement was Wednesday, 23 September 2026 and has passed.
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Banking Court No. V, Karachi issues a summons in Suit No. 134 of 2026 filed by Askari Bank Limited against Defendant Babar Ali. The plaintiff claims recovery under the Financial Institutions (Recovery of Finances) Ordinance No. XLVI of 2001.
| Field | Details |
|---|---|
| Court / Judge | Banking Court No. V, Karachi — Dr. Hatim Aziz Solangi |
| Suit No. | 134 of 2026 |
| Plaintiff | Askari Bank Limited (Registered Head Office at Rawalpindi; Tariq Road Branch, Karachi) |
| Defendant | Babar Ali S/o Chudri Ghulam Rasool; addresses include Plot No. 20/9, Chandio Village; Flat No. 21, Rub Apartment, Karachi; CNIC address: House No. 128, Street No. 8, Block X, Satellite Town, Bahawalpur |
| Amount claimed | Rs. 261,042.76 plus mark-up, cost of funds, charges and costs until realization |
| Legal basis | Section 9 (leave to recover) and Section 10 (application for leave to defend) of the Financial Institutions (Recovery of Finances) Ordinance, 2001 |
| Appearance date & time | 2026-09-23 at 08:30 AM |
| Document date | 2026-08-25 |
Actions required: Appear before the court on the stated date and apply for leave to defend the suit within thirty (30) days from service. The application for leave to defend must be a written statement containing a summary of the substantial questions of law and fact for which, in the defendant's opinion, evidence is required to be recorded (as per Section 10 of the Ordinance). If the defendant defaults, the plaintiff may obtain a decree with costs and any mark-up/interest the Court may order.
Issued by: Reader Zuhaib Ahmed Jamali, Banking Court No. V, Karachi.
Published in The News International on Thursday, 27 August 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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