Demand Notice Under Section 13(2) of SARFAESI Act, 2002
Jul 20, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
financial express
This document is a demand notice from Assets Care & Reconstruction Enterprise Ltd. (ACRE) under Section 13(2) of the SARFAESI Act, 2002.It indicates a secured loan default regarding Vikas Kirana Store and Saraff (Borrower), with a total outstanding amount of Rs. 5,46,385 as of January 13, 2026.The notice threatens enforcement action against the described mortgaged property in Faizabad (Ayodhya) if the dues are not paid within 60 days of the notice date.