Kokan Mercantile Co-op Bank Possession Notice
Aug 18, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
business standard
This image shows a formal Possession Notice issued by Kokan Mercantile Co-op Bank Ltd under the SARFAESI Act, 2002, announcing the takeover of multiple properties in Thane and Panvel due to loan defaults.Notice OverviewBank Name: Kokan Mercantile Co-op Bank Ltd (Multi State Co-operative Bank).Branch Involved: Thane Rabodi Branch.Date of Possession: August 12, 2026.Key Borrowers Mentioned: Abdul Razzak Moosa Dharani, S.Faiyaz Road Lines, and Imran Container.Action TakenThe authorized officer took physical/symbolic possession of residential flats and commercial shops under Section 13(12) of the Securitization Act.Borrowers and the public are cautioned against dealing with the listed properties.