DRT Proclamation of Sale Under Rules 38, 52(2) of Second Schedule to the Income Tax Act, 1961
Aug 17, 2026 • Arjuman Rafath13 • Auction Notices / Real Estate Notices
Source:
business standard
This image shows an e-auction sale notice issued by the Recovery Officer of the Debts Recovery Tribunal-1 (DRT-1), Mumbai, dated August 11, 2026, for a property belonging to M/s Romeda Chemicals & Ors. under recovery proceedings by Omkara ARC.Auction & Property DetailsProperty Location: Plot No. 471/D, Mouje Dhangaradi, Taluka Khandala, District Satara, Maharashtra (admeasuring about 4,000 sq. meters).Key Dates: E-auction takes place on September 23, 2026, from 2:00 PM to 4:00 PM. The last date to submit online offers with EMD is September 21, 2026, by 4:30 PM.Financials: Reserve Price is ₹1,60,00,000/- with an Earnest Money Deposit (EMD) of ₹16,00,000/- and an increment bid of ₹2,00,000/-.