Demand Notice to J B S Medical Hall by Indian Bank Patiala
Aug 10, 2026 • Farheen Begum • Legal Announcements / Legal Notices
Source:
The Sunday Express E-Paper
Indian Bank Urban Estate Branch has issued a public demand notice under the SARFAESI Act to M/s J B S Medical Hall. The borrower and guarantors defaulted on credit facilities, causing the account to be classified as a Non-Performing Asset. The bank demands a payment of ₹5,20,622 plus accrued interest within 60 days. The security includes a hypothecation of stocks and an equitable mortgage on a residential building in Patiala.