Home > Business Matters > Ad
PUBLIC Auction Before: Mrs. Munawar Sultana (Judge) Banking Court No. V, Karachi, Block-3-B, Second Floor, A.M Area, Pakistan Secretariat, Saddar, Karachi. Execution No. 53 of 2008 Suit No. 749 of 2008, National Bank of Pakistan, BISE Branch, Karachi..... Decree Holder Versus 1. Imam Bux Son of Muhammad Khan Proprietor Mama General Store, 2. Muhammad Khan Son of Juma Khan, Both House No. 389, Haji Perya Khan, Old Golimar, Nazimabad, Karachi... Judgment Debtor Notice is hereby given that under Order 21 Rule 64 CPC 1908 an order has been passed by the Banking Court bid sale of attached Property mentioned in the schedule hereunder in satisfication of the claim of Rs: 504,022.00/- with future markup and costs. The undersigned will sale by way of Public Auction below mentione immovable properties. The auction will be held at Banking Court V on 10th October, 2017 at 12:00 Noon. Schedule of The Mortgaged Property. House No. 389, Haji Perya Khan, Old Golimar, Nazimabad, Karachi Measuring 60.44 square yards Present Market Value Rs. 450,000.00/- Forced Sale Value Rs. 360,000.00/- Subject to following Terms & Conditions 1. Properties will be auctioned condition on "As is where is Basis". 2. All the 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. The Person declared to be highest bidder / purchaser shall deposit immediately 25% pay order in the favor of Judge Banking Court V, along with photocopy of CNIC of the 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 the date of Auction. 5. The sale shall be subject to confirmation by the court. 6. The undersigned reserves right to cancel the auction or not to accept bid even if it is the highest and to cancel the 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 7th August 2017. By Order (Mazhar Ahmed) Nazir Banking Court V, Karachi.