SBI Movable Property Possession Notice
Aug 06, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
the pioneer
This is a formal possession notice issued by the State Bank of India (SBI), Pathankot Branch, regarding the seizure of movable property.The borrower is identified as M/s Siddhi Vinayak Electrical, with Smt. Indu Bala listed as the proprietor.The notice indicates the bank took possession of stocks, receivables, and book debts related to the electrical business on August 1, 2026.The total outstanding amount listed is ₹10,26,705, plus future interest and expenses incurred from August 20, 2025.