Public Notice: Loan Account Demand & Asset Possession
Jul 20, 2026 • Farheen Begum • Legal Announcements / Legal Notices
Source:
Business Standard Newspaper
Alchemist Asset Reconstruction Company Limited has issued a recovery notice under Section 13(2) of the SARFAESI Act, 2002. This enforcement directive requires immediate settlement of outstanding liabilities linked to loan account PR00992394. The primary debtor, Prathamesh Mandap Decoration, and named co-borrowers must clear the overdue sum of Rs. 7,05,233. A strict 60-day deadline from receipt is active, after which the secured real estate asset faces legal possession actions. Official inquiries, case resolutions, and submission of dues must be processed directly through alchemistarc.com or via admin@alchemistarc.com.