Demand Notice: NPA Loan Recovery by HDFC Bank
Jul 06, 2026 • Farheen Begum • Legal Announcements / Legal Notices
Source:
Business Standard Newspaper
The HDFC Bank Limited issues a statutory demand notice under Section 13(2) of the SARFAESI Act, 2002. The borrower, M/s Kadian Builders and Developers Private Limited, along with its directors and guarantors, has failed to clear its irregular credit facility, classifying the account as an NPA on 11.04.2026. The total outstanding dues stand at Rs. 12,38,43,636.54 as of 01-05-2026. The bank demands full clearance of the liability against the mortgaged 207 sq. mtrs property in Sector-2, HUDA, Bahadurgar within 60 days of this notice. Official case files are managed via the authorized officer at Gulab Bhawan, New ITO Delhi.