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Auction,Land Auction,Agricultural Land ,
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THE BANK OF PUNJAB
PUBLIC AUCTION OF MORTGAGED PROPERTY MEASURING 2 - KANALS
OWNED MUNIR SFO SHEIKH MUNIR AHMAD
SITUATED AT CHAK# 212 R.B., JAIL ROAD, FAISALABAD
WHEREAS &arüing l. awarded judgment and detreedated03-tt-nt in No.
of 201 ; i' d Ihe Bank ed Punjab and the judgment debte•s, below nd
a mth The failed pay and
ynount of detrend asumedRs.i9.99i,9S6,'- goutstandifi•g agaiMt the ludgment asaf
under the
WHEREAS the BankinqCourt• vide cgder dated passed in Eue«utioo Petition
has allowed lhe 10 Ihe motlqaqed propet'lywilb&ui intetve•miüfi Of the toun urule,i the pt@MiSiOf1 Of
sea•n 19 of finanoal (Recovery of "nance'/ Oldtnance; ÆCCI and the decree 'i' of
BOP Cd6'Mitute•S and pow* Hd authority 10 the mortgsged properly belowl
by pubbK auction together with of mmetabletutle in faw« of successful bidder.
of Rules and 4 financial Institutidfi'. ed MIS (upheld up
to the level cd the Honorable Supreme Cwrt.l, SOP got lhe rwtqaqed gapewty independently evaluated by
approved geofessional (i.e. lafar company, F.K.S Büildinq
Eid (iii) Mfi IP'/t.t Ltdl fordetermifliro the rewve vice.'fcraed sale valuecdlhemortqavd
property. 'he hiq,hßl OILji1ion was a:.nducted bj f.u.S Builtrmg Services, Yid. therefore adocaed
resem pnce under 3 (iiil ibid.
KOW 'HEREfORE BOP inenes *tereqed perscos•'puties to puticivate in the public auction lhe
Ittti•emioned far July, Thursday, pregt't.i'*S
of Ihe Bank '{Punjab, Liaqat 8tanchi fuqlabad.
'he Bank of Punjab
, hbvilä its business
through its uunif.
3. M'. yaw*' Munir Of Munir .4hnad. Resident Of House NO. Jl hiolabad.
M'. Munir Ahmad, Resident of Peoples Colony %o.l, Faisalabad.
4, M', ut•tter Munif Ahmada Resident Am 1. Faisalabu,
DESCRIPTION OF
Property Desoiptigti
thi Piece •nd pa«ei ed land With present and future
themon Property measuring 0? out of
totN •tea measuring 11 xanals and Mat"" beatit•tg
in
(hak*212 R.&r Oil Foad. Susalabad togethe With
mathihe•ri. fixing. lherecn
to be insulted tnereafter and bound*" owned b,} V'. YäSif
uvhir Sheikh Muttil Ah•rtud,
Reserve Price
Sale Valve •
108,000.000,'•
detemined by F.K.S Bedding Services (beang the highest in value among" othe Ädwe•ndent
valuations". lhe M" Iqbal and IP•gtArd, were
Terms and
The valuation by the three ulu•tors 'bid on be ins
at the Assets
Head h i 100". Tgwe„ Main Ill. lime 0 lf«
2.
3.
4.
6.
S.
9,
Copies can be proidedon request
the will be heldon The Bank
the bidding will still at0200 pm noon.
The Reserve price of the mortgaged geoperty
*ice,
Liaqat Road Branch, Faisalabad.
above. No bid shall Se entertained or received
number bidder.
Might" bidder will be detlaved
lion. Shall be tequired Draft/ Order/
n ot 'the Punjab' along of Chkand cell
ful bidder,
- w«essrulbidder
the bid amounl two Si the bid amount Shall
within fifteen day•, I Of initial In gf laill.lre• Of the bidder deposit the
lifte, BOP the nount forfeited towards
temåifiing amount
reduction of liabil'ty the rexomyof the •emaininq
omstifiding
After II bid money, the Bank '"ilitramferthegopertyintheauneoßu«essfultiddet.
Su«esdul
pay all apptilåble taxes upenses, charges etc. if' relation to ibe
transfer of title. Advance Income Tax section A fwfiler & nor-filer isapplicable.
10.0pon uecution and reqisnraoon of the sate deed the mortgaged property in fa•.or of the w«ewful
"dB, all tille and in proper!'i shall
Oddenpu«haser and the mortgögor 80Pshall be anv title •od interest in themortgaged
scoperty.
11. The suttessful biddetvdil be to get the propeny transferred in his rwme or hisnominee Within
30 days the date of final paymetd.
12. the be sold orcas/ where iS biKSOPwAl assume any responsibility the tiffeoftBe
egopert'f. theæon, meawements and the of 6" Elearicity, pmperty lax
gf have teen giver. pet possible ifdgtrtE1i@fL
Oraft,/ Of be Jhe
14.Any or an be rejected by 80Pwithout affiqtvt,g any reasorv
1 5.arher it any. Will be announced before cemmencement doper. biddiß9
Divisional Head-Specjal Assets Management Divasion
The Bank of Punjab, Head Office. 6th Floor, BOP Tower.
10B, Block Ell, Main 8001evard. Gulberg•lll. Lahore
Ph g 0322-4747081. (042) 3578309, 3578300. - 10 Ext , 9634
o Newspaper ( 10 Jul, 2024)

All Tenders Website / Andriod App or whatsapp Access Price :
1Month = Rs 3000 (30 days)
6 Months = Rs 15,000
1 year = Rs 20,000 (recommended)

Send us WhatsApp Msg to Activate : 03441423583