Demand Notice under SARFAESI Act, 2002 – Assets Care & Reconstruction Enterprise Ltd. (ACRE ARC)
Jul 24, 2026 • Maryam Begum • Company Updates / Business Notices
Source:
Jansatta Epaper
Assets Care & Reconstruction Enterprise Ltd. (ACRE ARC) has issued a demand notice under Section 13(2) of the SARFAESI Act, 2002, against the borrower and co-borrowers in relation to the outstanding loan account.
Borrower: Vikas Kirana Store and SarafCo-Borrowers: Vikas Soni, Ram Lali Soni and Arkara
Outstanding Amount: Rs. 5,45,305 (as on 13.01.2026)Demand Notice Date: 19.05.2026
The borrowers are required to pay the outstanding dues within 60 days from the date of publication of the notice, failing which further action may be initiated under the provisions of the SARFAESI Act, 2002.
Mortgaged Property Location: Khasra No. 635, Mauja Majha Barhata (Badhm Nagar Palika), Pargana Haveli Awadh, Tehsil and District Ayodhya, Uttar Pradesh.
Contact Details:Assets Care & Reconstruction Enterprise Ltd. (ACRE ARC)Unit No. 502, C Wing, One BKC, Radius Developers, Plot No. C-66, G Block, Bandra Kurla Complex, Mumbai – 400051.
Publication Date: 20.07.2026Location: Uttar Pradesh.