DEMAND NOTICE
Jun 28, 2026 • Maryam Begum • Company Updates / Business Notices
Source:
FinancialExpress E-Paper
MUTHOOT FINCORP LIMITED
(Secured and Unsecured Lending Business Division)
Under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002
Notice is hereby issued by Muthoot Fincorp Limited to the below-mentioned borrowers, co-borrowers, and guarantors who have availed loans and defaulted in repayment. Despite repeated demands, the outstanding dues have not been cleared, and the accounts have been classified as Non-Performing Assets (NPA).
The borrowers are hereby called upon to repay the total outstanding dues within 60 days from the date of this notice, failing which the secured assets mortgaged in favour of the company will be taken into possession and further legal action will be initiated under the provisions of the SARFAESI Act, 2002.
Details of Borrowers and Properties:
Loan Account No.: MFLUKDSECUL000005118244
Borrowers: Aditya Choudhary (Borrower), Sheena Choudhary (Co-Borrower)
Outstanding Amount: Rs. 27,84,121.39 (as on 08.06.2026)
Secured Asset: Immovable property situated at Khasra No. 83/2 min, Village Siraulikhurd, Tehsil Kichha, District Udham Singh Nagar, Uttarakhand – 263148, measuring 1002.78 Sq. Mtr.
Loan Account No.: MFLDELSECUL000005029519
Borrowers: Rahul Tomar (Borrower), Sanyogita (Co-Borrower), Birpal (Co-Borrower)
Outstanding Amount: Rs. 21,17,776/- (as on 08.06.2026)
Secured Asset: Property situated at Khasra No. 367Mi, Village Shanjarpur Kerdwa, Tehsil Baraut, District Baghpat, Uttar Pradesh – 250601, measuring 259.19 Sq. Mtr.
In case of failure to clear the dues within the stipulated period, Muthoot Fincorp Limited shall proceed to take possession of the secured assets and initiate further recovery proceedings as per law, at the risk and cost of the borrowers. Transfer, sale, or creation of any third-party interest in the secured assets is strictly prohibited without prior consent of the company.
Authorised Officer
Muthoot Fincorp Limited
Place: Delhi / Uttarakhand
Date: 26.06.2026