The Office of the Recovery Officer-III, Debts Recovery Tribunal Hyderabad (DRT-II), has issued a demand notice under Sections 25 to 28 of the Recovery of Debts and Bankruptcy Act, 1993, and Rule 2 of the Second Schedule to the Income Tax Act, 1961. Case Details: Recovery Certificate No.: RC/67/2020 Date of Notice: 23 July 2026 Case: Union Bank of India (e-Corporation Bank) vs M/s Gogineni Electronics and Others. OA No.: OA/374/2018 Amount Due: Rs.1,25,48,667.69 along with pendente lite and future interest at 12% simple interest per annum with effect from 27 June 2019 till realisation. Costs of Rs.1,13,000. Less Rs.20,50,000 already recovered. The respondents have been directed to: Pay the outstanding amount within 15 days of receipt of the notice. File an affidavit declaring particulars of their assets on or before the next date of hearing. Appear before the Recovery Officer on 10 September 2026 at 10:30 AM for further proceedings. Failure to comply may result in recovery proceedings being initiated in accordance with the Recovery of Debts and Bankruptcy Act, 1993, and applicable rules. Location:Office of the Recovery Officer-III,Debts Recovery Tribunal Hyderabad (DRT-II),1st Floor, Triveni Complex, Abids, Hyderabad – 500001. Contact Details:Debts Recovery Tribunal Hyderabad (DRT-II)Address: 1st Floor, Triveni Complex, Abids, Hyderabad – 500001.