Public Auction - Mortgaged Property & Machinery Winder Industrial Estate

Description

Public Auction by Banking Court-IV Karachi under Execution No.18 of 2020 in Suit No.283 of 2011. Decree Holder: Pakistan Kuwait Investment Company (Pvt) Ltd. vs Judgment Debtor: M/s New Allied Electronic Industries (Pvt) Ltd. For recovery of Rs. 14,407,931/-. Auction on 16-07-2026 at 01:00 PM at Banking Court-IV, Block-48/A, Pakistan Secretariat, Saddar Karachi. Immovable Property: Plot No.C-24 to C-31, 26290 sqm, Winder Industrial Trading Estate, Winder, District Lasbella, Balochistan. Forced Sale Value Rs.343,685,600/-, Market Value Rs.429,607,000/-. Hypothecated Machinery: 53 items at Winder including Injection Molding Machines 750-1800 Ton, Compressors, Cranes, Generators. Thermopole Plant at Plot A-4. LG Godowns Karachi with Assembling Lines. Total Machinery Forced Sale Value Rs.456,236,800/-, Market Value Rs.570,296,000/-. Inspection 06-07-2026 to 09-07-2026. 25% deposit immediately via Pay Order. Balance in 15 days. As is where is basis. Judge: Mr. Muhammad Ahsan Khan Durrani.