Bank Islami Pakistan Ltd. v. Syed Khalid Ali — Banking Court No.1 Karachi Summons (Suit No.158/2026)
Bank Islami Pakistan Ltd. v. Syed Khalid Ali · Karachi · The News International,
Notice advertisement published in The News International on Tuesday, 13 October 2026, listed under Karachi. Issued by Bank Islami Pakistan Ltd. v. Syed Khalid Ali. The last date printed on the advertisement is Wednesday, 11 November 2026.
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Banking Court No.1, Karachi has issued a summons in Suit No. 158 of 2026 brought by Bank Islami Pakistan Limited against Syed Khalid Ali. The plaintiff claims Rs. 3,802,682.71 plus costs, markup and other reliefs under the Financial Institutions (Recovery of Finances) Ordinance, 2001. The defendant is ordered to obtain leave from the Court within 30 days of service to appear and defend the suit.
| Court / Judge | Banking Court No.1, Karachi — Mr. Muhammad Saad Qureshi (Judge) |
|---|---|
| Suit No. | 158 of 2026 |
| Plaintiff | Bank Islami Pakistan Limited (Registered offices listed in Karachi) |
| Defendant | Syed Khalid Ali son of Syed Mahmood Ali Sabel — CNIC: 42301-5697087-9 Addresses as listed: House No. 76/A, Sector 8, Karachi Administration Housing Society, Karachi; Flat No. C-611, Dashtyar Pride 13-D, Gulshan-e-Jobal, Karachi |
| Claim | Rs. 3,802,682.71 (plus costs, markup and other reliefs) |
| Required action | Obtain leave from the Court within 30 days from service to appear and defend; appearance may be sought by application supported by affidavit or declaration showing a defence on the merits. |
| Hearing / Matter fixed | 2026-11-11 at 9:00 a.m. before Banking Court No.1, Karachi |
| Order date | 09 October 2026 |
| Court location | Block No. 55, Pakistan Secretariat, near Passport Office, Saddar, Karachi |
Given under hand and seal of the Court. Contact the Banking Court No.1, Karachi for further procedural details.
Published in The News International on Tuesday, 13 October 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, 11 November 2026.
- Which newspaper published this notice?
- The News International, in the edition of Tuesday, 13 October 2026.
- Which city is this notice listed under?
- Karachi. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
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