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Recovery of Rs. 1,14,769,351 and Rs. 2,35,19,600 from Defaulter Asrar Zada in Multan

Active Tender
Closing Date:
2026-08-12

Tender Document

Tender Document

Tender Description

This public notice issued by the District and Sessions Judge Multan concerns the recovery of outstanding amounts from the defaulter Asrar Zada. The notice specifies the recovery of Rs. 1,14,769,351 and Rs. 2,35,19,600 as principal and other expenses respectively. The recovery pertains to a bank limited branch LMQ Road Multan and involves multiple parties including Sheikh Muhammad Yaqoob, Sheikh Muhammad Mahmood, and others as guarantors or related persons. Items being procured: - Recovery of Rs. 1,14,769,351 principal amount - Recovery of Rs. 2,35,19,600 other expenses - Legal and administrative actions related to recovery The technical scope involves legal enforcement and recovery procedures under the supervision of the District and Sessions Judge Multan. The case references include file numbers and years 1993-94 and 1997-98, indicating long-standing legal proceedings. The notice also mentions the requirement of a security deposit of Rs. 100,000 to initiate the recovery process. Eligibility for participation includes compliance with legal and procedural requirements set by the court. The notice is addressed to the public and interested parties who may have claims or objections. The submission deadline is fixed at 12-08-2026 at 11:00 AM. Interested parties should submit their claims or responses to the office of the District and Sessions Judge Multan located at Sector 84, Ahmed Raza Hassan Block, Multan. Contact can be made via mobile number 0300-9633139. A practical tip for bidders or interested parties is to ensure all legal documentation and Earnest Money Deposit (EMD) or CDR requirements are meticulously prepared and submitted before the deadline to avoid disqualification. Early submission is advised to accommodate any procedural clarifications or objections.
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