Demand Notice: Non-Performing Asset Account Recovery by Indian Bank
Jul 21, 2026 • Farheen Begum • Legal Announcements / Legal Notices
Source:
Business Standard Newspaper
Indian Bank (Zonal Office Amritsar) issues a formal recovery notice under Section 13(2) of the SARFAESI Act, 2002, to defaulting firm M/s Pure Valley Private Ltd. and directors Rahul Sawhney and Bindu Sawhney. The account parties must clear an outstanding debt balance of Rs. 2,50,77,434.74 within 60 days to avoid the foreclosure of their leased land property and hypothecated plant machinery in Kangra. For compliance details, contact zoamritsar@indianbank.co.in or 0183-2830600, and visit www.indianbank.in.