SARFAESI Demand Notice Issued by J&K Bank to Mrs. Musarrat Jahan Sidheeque Ali
Jul 23, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
business standard newspaper
This is a legal demand notice issued under Section 13(2) of the SARFAESI Act, 2002 by Jammu & Kashmir Bank.The borrower, Mrs. Musarrat Jahan Sidheequee Ali, has been classified as a Non-Performing Asset (NPA) due to failure to maintain the credit facility.The bank demands payment of Rs. 24,83,317.19 within 60 days of the notice date, dated May 6, 2026.Failure to pay the amount will authorize the bank to take possession and sell the secured asset, which is a flat located in Mira Road, Thane.