The Authorized Officer of City Union Bank has assumed formal possession of a mortgaged commercial property following the default of primary borrower M/s. Sri Venkateshwara Traders and its associated co-obligants. The financial institution took legal control of the asset to address an unpaid credit obligation totaling ₹43,21,502. The seized real estate asset consists of a ground and first-floor RCC building situated within the Bheemaram area under Hasanparthy Mandal.