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General Announcement Karachi


PUBLIC Auction Before: Mrs. Munawar Sultana (Judge) Banking Court No. V, Karachi, Block-3-B, Second floor, A.M Area, Pakistan Secretariat, Saddar, Karachi. Suit No. 163 of 2013, Execution No. 34 of 2015 Standard Chartered Bank Pakistan Limited..... Decree Holder Versus 1. Muhammad Altaf Madraswala S/o Abdul Qadir Madraswala. 2. Rukhsana Akhter W/o Altaf Madraswala. Both R/o Flat No. VP-3, 12th Floor, Country Club Apartment, Phase-V, DHA, Karaci Office at F-21/III-A, Block-A, Clifton near Ameer Khusro Park Karachi... Judgment Debtor Notice is hereby given that under Order 21 Rule 64 CPC 1908 an order has been passed by Banking Court for sale of attached Property claim of Rs: 4858000/- with future markup and costs. The undersigned will sale by way of Public Auction on at Banking Court No. V on 18-01-2018 at 12:00 Noon. Mortgaged Property. Flat No. V-P/3 (Paint House Type "3A") Block VIP, 12th Floor, Country Club Apartments Sub Plot No. VIP-3, Plot No. 28-A/IV, 33rd Street, Phase-V, Extension Pakistan Defence Officers Housing Authority Clifton Cantonment Karachi. Admeasuring 1907 square feet. 1. Market Value Property Rs. 16,000,000/- Forced Sale Value Property Rs. 14,400,000/- Terms & Conditions 1. Property will be auctioned on condition, "As is where is Basis". 2. All taxes utility charges, Government, Semi Government, charges Revenue and 10% withholding charges tax will be paid by auction purchaser in respect of aforesaid property. 3. Person declared to be highest bidder / purchaser shall deposit immediately 25% pay order in name of Judge Banking Court No. V, along with photocopy of CNIC of amount of this purchase price with undersigned. No cheque of 25% will be accepted. 4. The balance of purchase money shall be paid by purchaser before Court closes on 15th day from date of Auction. 5. The sale shall be subject to confirmation by court. 6. The Court reserves right to cancel auction or not to accept any bid even if it is highest and to cancel auction at any time. 7. Detail terms & conditions and other information may be obtain from Court by submitting written application on any date prior to auction. Dated 09th December 2017. By Order (Mazhar Ahmed) Nazir Banking Court V, Karachi.

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