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High Court of Sindh Suit B-24/2017 — Summons to Jubilee Spinning & Weaving Mills Ltd
High Court of Sindh Suit B-24/2017 · Karachi · The News International,
Notice advertisement published in The News International on Friday, 2 October 2026, listed under Karachi, Pakistan. Issued by High Court of Sindh Suit B-24/2017. The last date printed on the advertisement is Friday, 23 October 2026.
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National Bank of Pakistan has instituted Suit No. B-24 of 2017 in the High Court of Sindh, Karachi under Section 9 of the Financial Institutions (Recovery of Finances) Ordinance, 2001 seeking recovery of PKR 484,275,299 together with markup, cost of funds, liquidated damages and other costs. Jubilee Spinning & Weaving Mills Limited and Cresox (Private Limited) are named parties. Jubilee Spinning & Weaving Mills Limited is summoned to obtain leave to defend the suit within 30 days from service.
| Court | High Court of Sindh, Karachi |
|---|---|
| Suit No. | B-24 of 2017 |
| Plaintiff | National Bank of Pakistan |
| Defendant(s) | Cresox (Private Limited); Jubilee Spinning & Weaving Mills Limited |
| Cause | Recovery under Section 9, Financial Institutions (Recovery of Finances) Ordinance, 2001 |
| Claim Amount | PKR 484,275,299 plus markup, cost of funds, liquidated damages and other costs |
| Action Required | Obtain leave from the Court to defend the suit within 30 days from service; file written statement with summary of substantial questions of law and fact and supporting documents |
| Hearing Date & Time | 2026-10-23 at 09:30 a.m. before Additional Registrar (OS) |
| Order Date | 2026-09-30 (Assistant Registrar (OS-II)) |
Noted addresses for Jubilee Spinning & Weaving Mills Limited as listed: 10-A Off Zafar Ali Road, Gulberg V, Lahore; 503-E Johar Town, Lahore; and Manghopir Road, SITE, Karachi.
Published in The News International on Friday, 2 October 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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