NOTICE FOR AUCTION / SALE

SME Bank Ltd PUBLIC NOTICE FOR AUCTION / SALE
mlb Bg opportunities
OF HOUSE NO 45, BLOCK -C/3 GULBERG-III, LAHORE
1. The Official Liquidator, SME Bank Limited (In official liquidation) invites sealed bids, from
the interested parties, for the auction/sale of House Property located at HOUSE NO 45,
BLOCK -C/3 GULBERG-III, LAHORE measuring 4 Kanals, 7 Marals & 113 Sq ft on “as is
where is basis.
2. The subject auction/sale of the property is being undertaken as per sanction of the
Hon’ble Islamabad High Court (IHC) vide an order dated Feb 11, 2026 in C.O. No. 16-2024
for winding up; and shall be subject to confirmation by the Hon’ble IHC.
3. Interested parties can obtain further details relating to ownership document/status of the
said property from Mr. Rashid-ul-Ghafoor, In-Charge Service Division, SME Bank HO, 56-F,
Nazimuddin Road, F-6/1, Blue Area, Islamabad, Cell No. 03335549743, before the date
of submission of sealed bids for purchase of said House Property.
4. The interested parties must furnish a bank draft/pay order for surety/earnest money of
Rs.22 million (Rupees Twenty-Two Million) in favor of “SME Bank Ltd.” with their bid offer.
The pay order/demand draft shall be refundable to the bidding parties except successful
bidder. No offer will be accepted without surety/earnest amount; thus, the bid offer
without surety/earnest money shall be liable to be rejected straight away.
5. Sealed Bid Offers should reach at the below address by post or by hand on or before
March 26, 2026 up to 03:30 pm and shall be opened in the presence of bidders/their
representatives on same day at 04:00 pm.
6. The Bid Offer has to be submitted in a sealed envelope, marked as “Bid for Auction of
House Property Gulberg-III Lahore and “Confidential”. Copy of CNIC, complete address
and phone/cell numbers must be mentioned in the bid offer. In case the offer is from a
company/firm/ organization, the bid offer has to be signed by the representative duly
authorized by the company/firm.
7. If successful bidder fails to comply with the payment mode/ schedule, within given time
period from receipt of bid acceptance letter, SME Bank shall have the right to invoke the
penalty clauses including the forfeiture of ‘surety/earnest money’ as provided under
“terms & conditions document” for sale of aforesaid Office Premises”.
8. Bid will remain valid for 90 days from the date of opening of sealed bid. As to be decided by
the Bank, Pay Order/Demand Draft of all un-successful parties shall be released within 90
days from the date of opening of the sealed bid.
9. This advertisement along with detailed terms and conditions etc. are available on PPRA
website at www.ppra.org.pk as well as SME Bank (In official Liquidation) website
www.smebank.org.
10.The Official Liquidator reserves the right to reject any or all bids as per PPRA rule 33
(Rejection of bids).
The Official Liquidator
SME Bank Ltd. (In official Liquidation)
Head Office 56-F, Nazimuddin Road, F-6 / 1, Blue Area, Islamabad
2
PID(I) 6974/