Banking Court III Karachi Summons Sohail Ahmed in Faysal Bank Recovery Suit No. 187 of 2026
Notice advertisement published in Dawn on Saturday, 31 October 2026, listed under Karachi.
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Mrs. Naushaba Kazi, Judge of Banking Court No. III at Karachi, has issued summons in Suit No. 187 of 2026, filed by M/s Faysal Bank Limited against Sohail Ahmed for recovery of Rs. 2,212,624.48 under Section 9 of the Financial Institutions (Recovery of Finances) Ordinance, 2001. The claim concerns outstanding principal and markup.
| Party | Name and Details |
|---|---|
| Plaintiff | M/s Faysal Bank Limited, with its registered office at Faysal House, ST-02, Shahrah-e-Faisal, Karachi, and its Shahrah-e-Faisal Branch, Karachi. |
| Defendant | Sohail Ahmed, son of Haji Ismail, Muslim, adult, residing at Flat No. 201, Plot No. 12/A, 1st Floor, Bath Island Pride, Bath Island, Clifton, Karachi. Addresses according to CNIC: Flat No. 104, Bath Island Pride, Bath Island, Clifton, Karachi; and House No. A-09, Moon Terrace, Ghulam Qasim Road, Pakistan Quarters, Garden West, Karachi. Business: Al Hadeed Industries, proprietor, Office No. 53, 2nd Floor, Vincy Mall, Block-09, Clifton, Karachi. |
The defendant is required to obtain leave from the court to appear and defend the suit within 30 days of service of the summons and, within that period, cause an appearance to be entered. An application for leave to appear must be supported by an affidavit or declaration showing a defence to the suit on its merits, or establishing that it is reasonable to allow the defendant to appear.
In default, the plaintiff may obtain a decree after expiry of the 30-day period for a sum not exceeding Rs. 2,212,624.48, together with costs and any markup and cost of funds from the date the suit was instituted, as the court may order.
The matter is fixed for 3 December 2026 at 9:00 a.m. before Banking Court No. III, Karachi, at Block No. 50, Pakistan Secretariat, near the Passport Office, Saddar, Karachi. The summons was issued under the court's hand and seal on 28 October 2026, by order of the Reader, Banking Court No. III, Karachi.
Published in Dawn on Saturday, 31 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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