Possession Notice: Hypothecation of Assets in Faridabad
Jul 15, 2026 • Farheen Begum • Legal Announcements / Legal Notices
Source:
Business Standard Newspaper
State Bank of India invites attention to a legal possession notice issued under Rule 8(1) of the SARFAESI Act, 2002. The notice names borrower M/S Jagdamba Spun Pipe and proprietor Mrs. Sonu Sharma regarding outstanding dues totaling Rs. 7,72,758. The bank has taken physical possession of the hypothecated movable security, which includes plant and machinery, raw materials, and finished goods located at Shop No. 10, Dhankad Market, Village Machgar, Faridabad. For administrative or legal inquiries, interested parties can email the AMCC Palwal branch at sbi.62343@sbi.co.in.