Possession Notice Under SARFAESI Act by Cholamandalam Investment and Finance Company Limited
Jul 23, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
the hitavada
This notice outlines a symbolic possession action taken by Cholamandalam Investment and Finance Company Limited against borrowers who defaulted on loans.Financial Action: The notice details three specific loan accounts with outstanding amounts totaling over ₹93 Lakhs.Property Details: It lists specific immovable properties in Dhamtari and Bastar, Chhattisgarh, that are mortgaged to the company.Borrower Notice: Borrowers are cautioned not to deal with these properties, as the lender now holds symbolic possession due to non-payment.