Banking Court Karachi Summons in Habib Bank Suit No. 179 of 2026
Karachi · The News International,
Notice advertisement published in The News International on Sunday, 8 November 2026, listed under Karachi.
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Banking Court No. 1, Karachi, before Judge Muhammad Saad Qureshi, has issued summons in Suit No. 179 of 2026, filed by Habib Bank Limited against M/s SR Communication and Shaikh Taha Saqib for recovery of Rs. 1,642,337.82 under the Financial Institutions (Recovery of Finances) Ordinance, 2001.
| Party | Details |
|---|---|
| Plaintiff | Habib Bank Limited, with its registered office at Habib Bank Tower, Jinnah Avenue, Blue Area, Islamabad; head office at Habib Bank Plaza, I. I. Chundrigar Road, Karachi; and Sir Syed Road Branch, Karachi. |
| Defendant No. 1 | M/s SR Communication, a sole-proprietorship firm, through its proprietor Shaikh Taha Saqib, son of Shaikh Muhammad Saqib, with business addresses in Block 2, PECHS, and on Tariq Road, Karachi. |
| Defendant No. 2 | Shaikh Taha Saqib, son of Shaikh Muhammad Saqib, with residential addresses in DHA, Karachi, and Flat No. 601, sixth floor, Helena Tower, Plot No. 44-3, Maqbool Society, Alamgir Road, Sharfabad, Karachi. |
The defendants are summoned to obtain leave from the court within 30 days of service to appear and defend the suit. In default, the plaintiff may obtain a decree for an amount not exceeding Rs. 1,642,337.82, together with costs of funds and costs of the suit. Leave to defend may be granted upon an application showing a defence on the merits or reasonable grounds for being allowed to appear in the suit.
The matter is fixed for 9 December 2026 at 9:00 a.m. before Banking Court No. 1, Block No. 59, Pakistan Secretariat, near the Passport Office, Saddar, Karachi.
The summons was issued under the hand and seal of the court on 7 November 2026, by order of the Reader, Banking Court No. 1, Karachi.
Published in The News International on Sunday, 8 November 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.