Union Bank of India, Kothuru Branch has issued a demand notice under Section 13(2) of the SARFAESI Act, 2002 to borrowers M/s Gopal Cloth & Readymades, Sri Bukkapatnam Viralgopalam, and guarantor Smt. Bukkapatnam Niranjani. The bank has initiated legal recovery against a three-story building at Survey No. 194/9 in Kordemma Village, Srikakulam to recover a combined outstanding debt of Rs. 69,84,308.55. The defaulting parties are legally directed to pay the full amount within 60 days from the notice date of 16-06-2026. For official communication, the branch can be reached via email at ubin0817473@unionbankofindia.bank.in.