AUCTION: Sale of Properties Belonging to MCB Bank Limited Lahore

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. MCB Bank Limited is offering for public auction several properties located in Lahore and Gujranwala as per the decree holder's order from Lahore High Court. The auction will be conducted on scheduled dates at the site with properties sold on an 'as is where is basis' without any warranty or recourse. Items being auctioned: - Property 1: Total land measuring 41 Kanals 17 Marlas (Rice Mill) with Khasra Nos. 227, 228, 229, 230, 231, 232 in Revenue Estate of Nowshera, Tehsil Daska, District Sialkot - Property 1(a): 38 Kanals 14 Marlas bearing Khewat No. 106/104, Khatoni Nos. 310 to 322 with buildings, fittings, and fixtures - Property 1(b): 03 Kanals 03 Marlas bearing Khewat No. 107/105, Khatoni Nos. 323, 324 situated in Revenue Estate of Nowshera with constructions and machinery - Property 2: Total land measuring 29.5 Kanals - Property 2(a): 22 Kanals 10¼ Marlas bearing Khewat No. 220, Khatoni Nos. 266 and 267, Khasra Nos. 1138/2 (1K-2M), 1228 (1K-8M), 1245 (2K-0M), 1246 (8K-0M), 1247 (8K-0M), 1251 (7K-11M), 1252 (7K-11M), 1253 (8K-0M), 1254 (8K-0M), Qitat 9, situated in Revenue Estate of Chak Nizam, Tehsil Saddar, District Gujranwala - Property 2(b): 06 Kanals 10¾ Marlas bearing Khewat No. 221, Khatoni Nos. 268, 269, 270, 271, 272, 273, Khasra Nos. 1248 (5K-14M), 1250 (8K-16M), Qitat 2, situated in Revenue Estate of Chak Nizam, Tehsil Saddar, District Gujranwala The reserve prices are: - Property 1 Land & Building: Rs. 155,919,165/- - Property 1 Machinery: Rs. 7,000,000/- - Total for Property 1: Rs. 162,919,165/- - Property 2(a): Rs. 21,054,500/- - Property 2(b): Rs. 5,000,805/- The auction terms require bidders to deposit Rs. 1,000,000/- as earnest money via bank draft/pay order in favor of Deputy Registrar Judicial, Lahore High Court, Lahore before participation. The highest bidder must pay the balance within 15 days. The auction will be conducted under the supervision of the Deputy Registrar Judicial, Lahore High Court. The opening bid shall not be lower than the reserve price. The auction dates are 14-11-2026, 21-11-2026, and 21-11-2026 for respective properties. Interested bidders should visit the site for inspection and contact the Relationship Manager Mr. Ashfaq Nawab at 0304-0409816 for clarifications. Legal representatives Israr Ahmed Qureshi and Zeeshan Nadeem are also available for assistance. Bidders are advised to carefully review all auction terms and ensure timely submission of bid security to avoid disqualification. This auction provides a valuable opportunity to acquire prime properties with clear legal backing from Lahore High Court.