Public Notice for Non-Performing Asset (NPA) Recovery
Jul 23, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
the pioneer
This is a formal possession notice from Karnataka Bank Ltd. regarding a defaulted loan account.The notice identifies Mr. Ashok Kumar and Mrs. Neha Kumar as the borrowers for two specific loans.The borrowers are directed to repay a total outstanding balance of Rs. 34,86,337.07 within 60 days to avoid further legal action under the SARFAESI Act.Two residential properties located in Gurugram, Haryana, are listed as mortgaged assets that the bank intends to enforce if the liability is not discharged.