Public Notice: Demand Notice under SARFAESI Act, 2002 by Alchemist Asset Reconstruction Company Limited
Jul 20, 2026 • Arjuman Rafath13 • Public Hearings / Legal Notices
Source:
business standard newspaper
This document is a formal Public Notice issued by Alchemist Asset Reconstruction Company Limited regarding a defaulted loan account.It serves as a demand notice under Section 13(2) of the SARFAESI Act, 2002, requiring borrowers to repay their outstanding dues within 60 days to avoid possession of their secured assets.The notice lists Prathamesh Mandap Decoration as the borrower, with an outstanding amount of Rs. 7,05,233/- as of May 7, 2026.The described secured asset is a property located in Thane, Maharashtra, with a repayment deadline of September 30, 2025.