Possession Notice by U GRO Capital Limited
Jul 20, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
free press journal
This is a formal possession notice issued by U GRO Capital Limited regarding the takeover of immovable property due to defaulted loans.The document details specific borrowers, including Maa Narmada Auto Parts and New Welcome Dhaba, who failed to repay debts exceeding Rs. 55 Lakh and Rs. 80 Lakh respectively.The action is taken under the SARFAESI Act, 2002, specifically Section 13(4) and Rule 8, allowing the financial institution to assume control of the secured assets.