Notices Closed 12 Oct 2026
Court Auction: 121 Marla Property on Bosan Road, Multan – Auction 2026-10-12
Court Auction · Multan · The Nation,
Notice advertisement published in The Nation on Friday, 18 September 2026, listed under Multan. The last date printed on the advertisement was Monday, 12 October 2026 and has passed.
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Proclamation of auction in Execution Application No. 11-E/2017 (COS No. 11 of 2011) titled United Bank Limited vs Maqbool Cotton Factory etc. The decree amount is Rs. 94,057,045.73 (plus cost of funds). Reserve price for the property is Rs. 209,159,600. Auction date and time: 2026-10-12 at 12:00 PM.
| Property | Land measuring 06K-01M (121 Marla) including existing structure; Unit No. 888/14-1, Ward No. X-EX Bosan Road, Multan; Mauza Taraf Mubarak Doem near Old Tehsil Chowk, Bosan Road, Multan. Revenue references: Khewat No. 117 & 1112, Khatoon No. 1460, Khasra No. 2518, 2519, 2520, 2521. |
|---|---|
| Boundaries | North: Property of Ch. Hameed Asghar; South: Property of Muhammad Aftab Ali Khan; East: Property of Asif Ghaus Qureshi Hashmi; West: Main Bosan Road. |
| Reserve Price | Rs. 209,159,600 |
| Decretal Amount | Rs. 94,057,045.73 (plus cost of funds) |
| Security to Participate | Copy of valid CNIC and deposit of Rs. 5,000,000 with the auctioneer(s) before commencement (cash or pay order). |
| Payment Terms | Declared highest bidder must deposit 25% of the purchase price by pay order/bank draft/banker’s cheque at declaration. Balance to be paid in full to Court within 15 days of auction closing by pay order or bank draft. Failure to comply may result in forfeiture and resale per Court orders. |
| Auction Basis | Public auction on "where is and as is" basis. Only bids higher than the reserve price will be acknowledged as lawful bids. Final confirmation subject to written order of the Court executing the decree. |
| Auctioneer / Contacts |
Muhammad Ali Siddiqui, Advocate Supreme Court (Zakariya Law Chambers), 2nd Floor, Golden Heights Plaza, Opposite Public Gate High Court, Multan. Cell: 0322-6103403. Kanwar Imtiaz Ahmad, Advocate High Court. Cell: 0304-9950707. |
Bidding by or on behalf of corporate entities must be by an authorized person presenting authorization certificate to the Court Auctioneer(s) before the start of bidding. Security deposits of unsuccessful bidders will be returned at the end of auction proceedings. Court Auctioneer(s) will regulate bidding, maintain records for Court, and may provide clarifications on terms upon request.
Published in The Nation on Friday, 18 September 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 Monday, 12 October 2026. That date has passed.
- Which newspaper published this notice?
- The Nation, in the edition of Friday, 18 September 2026.
- Which city is this notice for?
- Multan — 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.
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