CHANGE OF POSSESSION NOTICE (SARFAESI ACT, 2002) (For Immovable Property – Appendix IV, Rule 8(1))
Jul 02, 2026 • Maryam Begum • Legal Announcements / Legal Notices
Source:
Jansatta Epaper
This is to inform the general public and the concerned borrowers that the Authorized Officer of U Gro Capital Limited, under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), has taken symbolic possession of the secured immovable property as detailed below.
Despite issuance of demand notice under Section 13(2) of the Act, the borrowers failed to repay the outstanding dues within the stipulated time period. Accordingly, action under Section 13(4) read with Rule 8 of the Security Interest (Enforcement) Rules, 2002 has been initiated.
BORROWER DETAILS
Speedway Logitrics
Mohit Matiya
Ninny Gatiya
LOAN ACCOUNT NUMBER
UGDELSS0000066539
TOTAL OUTSTANDING DUES (as on 28.03.2026)
Rs. 1,75,38,006/- (Rupees One Crore Seventy Five Lakh Thirty Eight Thousand Six Only)
DATE OF DEMAND NOTICE
02.03.2026
PROPERTY DETAILS (MORTGAGED PROPERTY)
Plot No. 6 (now known as Plot No. 3/6), measuring 233 sq. yards, situated at New Colony Railway Road, Fatehpur Chandila, Faridabad, Haryana.
DATE OF POSSESSION
27.06.2026
Place: Faridabad
All persons are hereby cautioned not to deal with the above-mentioned property in any manner whatsoever. Any transaction shall be subject to the dues of U Gro Capital Limited along with applicable interest, costs, and charges.
CONTACT DETAILS (AUTHORIZED OFFICE)
U Gro Capital Limited
Registered Office: B-17, 4th Floor, Art Guild House, Phoenix Market City, Kurla (West), Mumbai - 400070
Authorized Officer
U Gro Capital Limited