Possession Notice issued by Indian Bank (Zonal Office Lucknow)
Aug 07, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
the pioneer
This is a formal possession notice issued by Indian Bank under the SARFAESI Act 2002, enabling the bank to take over assets when borrowers fail to repay loans.The notice details the take-over of immovable property located in Lucknow, specifically mentioning a plot measuring 185.87 Sq.Mtr and its boundaries.The borrower, M/s Hayat Steel Industries, has outstanding liabilities totaling over Rs. 70 Lakhs across different loan accounts (CC and HL) as of the notice date.The notice cautions the general public against dealing with the specified properties, as they are now under the bank's charges.