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Notices Closed 25 Sep 2015

Public Auction — Mortgaged House No.507, Block B-3, Johar Town, Lahore (The Bank of Punjab)

Public Auction · Lahore · Nawa-i-Waqt,

Notice advertisement published in Nawa-i-Waqt on Thursday, 10 September 2026, listed under Lahore. The last date printed on the advertisement was Friday, 25 September 2015 and has passed.

Newspaper clipping: Public Auction — Mortgaged House No.507, Block B-3, Johar Town, Lahore (The Bank of Punjab), Nawa-i-Waqt, 10 Sep 2026 Open the full-size clipping
Original clipping · Nawa-i-Waqt · 10 Sep 2026 · tap to zoom

Advertisement details

Issuer: The Bank of Punjab. Purpose: Public auction of mortgaged property to recover outstanding mortgage dues under Section 51 of the Financial Institutions (Recovery of Finances) Ordinance, 2001.

Mortgagor / Defaulter Mr. Karamat Ali S/o Niaz Ahmed
Property House No. 507, Block B-3, Johar Town, Lahore
Outstanding mortgage amount (till June) PKR 10,940,050.11
Liability determination Determined in PKR by M/s Fazal Mahmood & Co., Chartered Accountants (report dated 25-08-2015)
Auction date 2015-09-25
Time 02:00 PM
Place of auction The Bank of Punjab, 8th Floor, M.M. Tower, M.M. Allam Road, Gulberg-I, Lahore
Auctioneers / Contacts Waseem Aslam Janjua — Cell: 0321-6610488; Mian M. Azhar Saleem (Advocate High Court) — Cell: 0333-4233808

Important notes: Interested bidders should attend the public auction on the specified date and time at the stated venue. The auction is being conducted to recover secured dues of The Bank of Punjab. Specific terms and conditions (reserve price, deposit/bid requirements, and other conditions of sale) are set by the bank and will apply — contact the listed auctioneers or the bank branch for full terms, documentation requirements, and to confirm details before attending.

Published in Nawa-i-Waqt on Thursday, 10 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.

Questions about this notice

What is the last date for this notice?
The advertisement prints Friday, 25 September 2015. That date has passed.
Which newspaper published this notice?
Nawa-i-Waqt, in the edition of Thursday, 10 September 2026.
Which city is this notice listed under?
Lahore. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
How do I respond to this notice?
Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.
Nawa-i-Waqt · 10 Sep 2026
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