Banking Court V Karachi Summons in Recovery Suit No. 173 of 2026
Notice advertisement published in Jang on Monday, 2 November 2026, listed under Karachi.
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Banking Court No. V, Karachi, presided over by Judge Dr. Hatim Aziz Solangi, has issued summons in Suit No. 173 of 2026 concerning a recovery claim filed by U Microfinance Bank Limited for Rs. 489,362.58.
The bank’s registered office is on the 13th Floor, Ufone Tower, Jinnah Avenue, Blue Area, Islamabad. Its Karachi office is on the 8th Floor, Shaheen Complex, Plot No. 1, I. I. Chundrigar Road, Karachi. The defendant is identified by CNIC No. 42101-3582514-1 and an address containing House No. B/15.
The proceedings are under Section 9 of the Financial Institutions (Recovery of Finances) Ordinance, 2001, Ordinance No. XLVI of 2001. The defendant is summoned to appear before the court on 2 February 2026 at 8:30 a.m. The court is located at Block 48-C, Pakistan Secretariat, Saddar, Karachi.
The defendant must apply for leave to defend within 30 days of service of the summons. Failure to obtain leave to defend may result in a decree for the recovery claim, together with applicable costs and other relief. An application for leave to defend must comply with Section 10 of the Ordinance.
The summons is dated 30 January 2026 and issued under the authority of Banking Court No. V, Karachi.
Published in Jang on Monday, 2 November 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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