This notice is for the possession of Unit No. 16, Kaushik Industrial Complex, Thane, due to non-payment of a loan by Micar Encoders Pvt. Ltd..The total outstanding amount owed to Invent Assets Securitisation & Reconstruction Pvt. Ltd. is Rs. 7,36,79,963/- as of December 15, 2025.Possession of the property was taken on July 21, 2026, under the SARFAESI Act, 2002.