Public Notice of Property Possession by Axis Bank
Aug 19, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
business standard
This image shows a formal Possession Notice issued by Axis Bank Ltd. under Section 13(4) of the SARFAESI Act, 2002, announcing the takeover of mortgaged properties due to loan defaults.Issuer: Axis Bank Ltd. (Authorized Officer), detailing branch contact and registered office locations.Content: Lists borrower and guarantor names, descriptions of charged/mortgaged properties (primarily located in Uttar Pradesh, including Lalitpur and Baghpat), and outstanding demand notice amounts with possession dates.Purpose: Serves as a public legal notice that the bank has taken symbolic/physical possession of the described assets to recover unpaid debts.