🏦 Secured Asset Sale Notice | Indore, Madhya Pradesh
Aug 01, 2026 • Syed • Public Hearings / Legal Notices
Source:
freepressjournal.in
🏦 Secured Asset Sale Notice | Indore, Madhya Pradesh
📢 Public Notice – Sale of Secured Asset under SARFAESI Act
Encore Asset Reconstruction Company Private Limited (Encore ARC) has issued a notice regarding the sale of the secured asset of M/s. Lucky Steel under the provisions of the SARFAESI Act, 2002.
The notice is addressed to the borrower and co-borrowers/legal heirs and relates to the symbolic possession of the secured property. The outstanding dues are ₹2,47,27,909 (as on 23.07.2026), along with applicable interest, charges, and costs. Borrowers have been given a final opportunity to repay the dues before the secured asset is sold through public e-auction or other permitted modes.
📍 Location: Indore, Madhya Pradesh