Indian Bank has issued an official possession notice for a residential flat linked to Mr. Bimal Kumar Saraf, Mrs. Rita Devi Saraf, and developer M/s. Ramadon Construction Private Limited. The action follows a financial default at the Andul Branch. The total outstanding amount demanded under the SARFAESI Act is ₹42,02,892.00 plus interest. The bank took official possession of the 1005 sq. ft. two-bedroom residential apartment on 13-08-2026.