Axis Bank Demand Notice (M/s Glocal Services Pvt Ltd)
Jul 16, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
financial express
This is a legal demand notice issued by Axis Bank Ltd under the SARFAESI Act, 2002.The borrower, M/s Glocal Services Pvt Limited, and guarantors defaulted on a loan, totaling an outstanding amount of ₹2,04,10,160.24 as of May 31, 2026.The notice stipulates that repayment must be made within 60 days of the publication date (July 16, 2026) to avoid further action, such as the seizure or auction of secured assets.Secured assets listed include property portions located in New Delhi, specifically in LSC Bhai Parmanand Colony and Tagore Park.