Banking Court No. V Karachi — Suit No. 134/2026: Askari Bank v. Babar Ali (Summons to Appear)
Banking Court No. V Karachi · Karachi · The News International,
Notice advertisement published in The News International on Wednesday, 26 August 2026, listed under Karachi. Issued by Banking Court No. V Karachi. The last date printed on the advertisement was Wednesday, 23 September 2026 and has passed.
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Askari Bank Limited has instituted Suit No. 134 of 2026 in Banking Court No. V at Karachi seeking recovery of Rs. 261,042.76 with markup, cost of funds, charges and costs under the Financial Institutions (Recovery of Finances) Ordinance, 2001. The court has issued a summons to the named defendant to appear and apply for leave to defend.
| Court | Banking Court No. V, Karachi (Block #48-C, Pakistan Secretariat, Saddar) |
| Judge | Dr. Hatim Aziz Solangi |
| Suit No. | 134 of 2026 |
| Plaintiff | Askari Bank Limited (Registered Head Office at Rawalpindi; branch office at Tarig Road Branch, Karachi) |
| Defendant | Babar Ali S/O Chudri Ghulam Rasool — addresses given: Flat No. 21, Rub Apartment, Karachi; CNIC address House No. 128, Street No. 8, Block X, Satellite Town, Bahawalpur |
| Claim Amount | Rs. 261,042.76 plus markup, cost of funds, charges and costs |
| Legal Basis | Financial Institutions (Recovery of Finances) Ordinance No. XLVI of 2001 (Section 9 and section 10 referenced) |
| Appearance Date & Time | 2026-09-23 at 08:30 A.M. |
| Notice Date | 2026-08-25 |
| Issued By | Reader, Banking Court No. V — Zuhaib Ahmed Jamali |
Action required: The defendant must appear in court on the stated date and may apply for leave to defend the suit within thirty (30) days from service of this summons. The application for leave to defend must be a written statement containing a summary of the substantial questions of law and fact for which evidence is required, as provided under section 10 of the Ordinance. In default, the plaintiff may obtain a decree with costs and applicable markup/interest after the 30-day period.
Published in The News International on Wednesday, 26 August 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this notice
- What is the last date for this notice?
- The advertisement prints Wednesday, 23 September 2026. That date has passed.
- Which newspaper published this notice?
- The News International, in the edition of Wednesday, 26 August 2026.
- Which city is this notice for?
- Karachi — the location listed for this advertisement.
- How do I respond to this notice?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.