🏦 Indian Overseas Bank – Demand Notice
Jun 16, 2026 • Syed • Legal Announcements / Legal Notices
Source:
Thehansindia.com
🏦 Indian Overseas Bank – Demand Notice (Cliff Packaged Drinking Water)
📢 Loan Recovery Notice under SARFAESI Act
Indian Overseas Bank, Hindupur Branch, has issued a demand notice to the borrowers, mortgagors, and guarantors of Cliff Packaged Drinking Water for repayment of outstanding loan dues.
👤 Borrowers:
Cliff Packaged Drinking Water (Proprietor: G. L. Radhakrishnan)
G. L. Radhakrishnan
👤 Guarantor:
M. Manjunath
💰 Total Outstanding Amount: ₹1,31,14,068.22
📍 Mortgaged Property: A commercial property measuring approximately 5 acres situated at Demekethepalli Village, Chilamathur Mandal, Sri Sathya Sai District.
⚠️ The borrowers have been directed to clear the dues within 60 days, failing which the bank may initiate proceedings for enforcement and recovery under the SARFAESI Act.