Banking Court III Karachi Summons to Mirza Muhammad Shahzaib in UBL Recovery Suit No. 181 of 2026

Banking Court No. III, Karachi, presided over by Mrs. Naushaba Kazi, has issued summons to Mirza Muhammad Shahzaib, son of Yousuf Mirza, in Suit No. 181 of 2026, instituted by United Bank Limited through its attorneys. The court is located at Block No. 50, Pakistan Secretariat, near Passport Office, Saddar, Karachi.

The bank seeks recovery of Rs. 456,159.61 as the balance of principal and markup, together with cost of funds and suit costs, under Section 9 of the Financial Institutions (Recovery of Finances) Ordinance, 2001.

The defendant is summoned to obtain leave from the court to appear and defend the suit within 30 days of service of the summons, and to have an appearance entered within that period. An application for leave to appear must be supported by an affidavit or declaration showing a defence to the suit on its merits, or that it is reasonable to allow the defendant to appear.

If the defendant defaults, the plaintiff may, after the 30-day period expires, obtain a decree for a sum not exceeding Rs. 456,159.61, together with costs to be determined and such markup and cost of funds, if any, from the date the suit was instituted, as the court may order.

The matter is fixed for 4 December 2026 at 9:00 a.m. before Banking Court No. III, Karachi. The summons was issued under the court’s hand and seal on 29 October 2026, by order of the Reader, Banking Court No. III, Karachi.