Karnataka Bank Ltd. – Demand Notice under SARFAESI Act, New Delhi
Jul 22, 2026 • Maryam Begum • Company Updates / Business Notices
Source:
Jansatta Epaper
Karnataka Bank Ltd. has issued a demand notice under Section 13(2) and 13(3) of the SARFAESI Act, 2002, against M/s Mukesh Verma HUF, Shri Mukesh Verma, and Smt. Madhu Verma in connection with a loan account classified as a Non-Performing Asset (NPA) on 24 June 2026.
The outstanding amount payable is ₹8,36,195.22 along with future interest at 9.95% per annum with monthly rests from 26 February 2026. The borrowers have been directed to clear the dues within 60 days from the date of publication of the notice, failing which the bank may initiate proceedings for enforcement of the secured assets.
Secured Property Details:
Entire residential freehold property bearing Plot No. 309, Block-G, Pocket-26, Sector-3, Rohini, Delhi.
The property is associated with M/s Mukesh Verma HUF represented by its Karta, Shri Mukesh Verma.
Contact Details:Karnataka Bank Ltd.Asset Recovery Management Branch, Regional Office – DelhiFirst Floor, Rajendra Bhawan, Rajendra Place, New Delhi – 110060.Phone: 011-40591567 (Ext. 231)Email: delhiarm@ktkbank.inWebsite: www.karnatakabank.com
Date of Notice: 21 July 2026.