HDFC Bank Possession Notice: Akshay Rice Industries
Aug 11, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
the pioneer
HDFC Bank has issued a physical possession notice under the SARFAESI Act, 2002, for an industrial property belonging to M/s Akshay Rice Industries in Baloda Bazar-Bhatapara, Chhattisgarh, due to an unpaid due of ₹3,28,71,877.78 as of May 31, 2024.Borrower & Guarantors: M/s Akshay Rice Industries, Mr. Mohan Singh, Mr. Vansh Choudhary, and Mrs. Sunita Singh.Action Taken: Physical possession of the industrial property (Area 0.438 hectare, Kh. No. 982/1, Palari, Chhattisgarh) was taken on August 7, 2026, following an order by the Chief Judicial Magistrate.Public Warning: The public is cautioned against dealing with the mentioned property as it remains under charge to HDFC Bank Limited.