The Authorized Officer of Canara Bank, Nellore Regional Office issued a demand notice under the SARFAESI Act 2002 to borrower M/s Sri Vighneswara Nurseries and its guarantors to clear outstanding dues totaling Rs. 89,59,716.69 across three MSME loan accounts within 60 days; failure to settle the amount will lead to the seizure and sale of the mortgaged 304.349 sq. yards residential plot located in L.I.C. Colony, Nellore.