Demand Notice under Section 13(2) of the SARFAESI Act, 2002 by Shivalik Small Finance Bank Ltd.
Jul 22, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
free press journal
This document is a formal Demand Notice issued by Shivalik Small Finance Bank Ltd. under the SARFAESI Act, 2002.It names four individuals as borrowers or guarantors who have failed to repay their loan facilities.The total outstanding amount listed is Rs. 97,34,000/- (Ninety-Seven Lakh Thirty-Four Thousand Only) as of July 17, 2026.The notice threatens action to take possession of described commercial properties located in Dewas, Madhya Pradesh, and sell them to recover the debt