Lahore High Court Summons: Faysal Bank Ltd. v M/s Asghar & Sons Pvt. Ltd. — COS No. 60366/2026
Lahore High Court Summons · Lahore · The Nation,
Notice advertisement published in The Nation on Friday, 16 October 2026, listed under Lahore. Issued by Lahore High Court Summons. The last date printed on the advertisement is Wednesday, 25 November 2026.
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The Lahore High Court has issued summons under section 9(5) of the Financial Institutions (Recovery of Finances) Ordinance, 2001 in Civil Original Suit No. 60366 of 2026 filed by Faysal Bank Ltd. The suit seeks recovery of Rs. 211,756,546.05 plus costs and rental. Defendants are M/s Asghar & Sons Pvt. Ltd. and named guarantors. The court requires the defendants to apply for leave to defend the suit under section 10 within 30 days of service; failure to do so will result in a decree being passed in favour of the plaintiff. The matter is fixed for hearing on 25.11.2026.
| Party | Role/Notes | Address |
|---|---|---|
| Faysal Bank Ltd. | Plaintiff | — |
| M/s Asghar & Sons Pvt. Ltd. | Principal debtor (Defendant) | East Canal Road, Opp. Toyota Motors, Chak No. 213-RB, Faisalabad |
| Shahzad Asghar S/o Asghar Hussain | CEO / Mortgagor / Guarantor (Defendant) | House No. 20, New Civil Lines, Block 7, Faisalabad |
| Khawar Asghar S/o Asghar Hussain | Director / Guarantor (Defendant) | House No. 20, New Civil Lines, Block 7, Faisalabad |
Case details: Civil Original Suit No. 60366 of 2026. Action required: file an application for leave to defend under section 10 within 30 days of service. Hearing date: 2026-11-25. Issued on 2026-10-15 by Deputy Registrar Ata-Ur-Rehman, Lahore High Court, Lahore.
Published in The Nation on Friday, 16 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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