Banking Court Notice — Habib Bank Limited v. Muhammad Akbar (Suit No. 136 of 2026)

Banking Court No. V, Karachi issues notice dated 2026-08-25 in Suit No. 136 of 2026 brought by Habib Bank Limited under the Recovery of Finances (Recovery of Finances) Ordinance No. XLVI of 2001. The bank (registered office: Habib Bank Towers, Jinnah Avenue, Blue Area; place of business: HBL Tower, Teen Talwar, Clifton, Karachi) has sued the named defendants for recovery of amounts, costs and markup/interest as may be ordered by the Court.

Defendants are required to appear in Banking Court No. V, Karachi on a day in September 2026 at 8:30 A.M. and apply for leave to defend. Any application for leave to defend must be filed within thirty (30) days from the service of this notice and shall be a written statement containing a summary of the substantial questions of law and fact and the evidence required to be recorded as provided in section 10 of the Ordinance. If no leave to defend is granted, the plaintiff may obtain a decree with costs and such markup/interest as the Court may order after the thirty-day period.

Dated: 25-08-2026. By Order: Zuhaib Ahmed Jamali, Reader, Banking Court No. V, Karachi.

Key actions: appear in Banking Court No. V, Karachi at 08:30 A.M. on the stated September 2026 court day; file written application for leave to defend within 30 days of service as required by section 10 of the Ordinance.