PUNJAB NATIONAL BANK POSSESSION NOTICE (For Immovable Property) – Rule 8(1)
Jun 27, 2026 • Maryam Begum • Legal Announcements / Legal Notices
Source:
FinancialExpress E-Paper
Circle Office: Near Tehsil Office, Bijnor (U.P.) – 246701
Whereas, the undersigned being the Authorized Officer of Punjab National Bank under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, and in exercise of powers conferred under Section 13(12) read with Rule 3, had issued a demand notice to the borrower(s) calling upon them to repay the outstanding dues within the prescribed period.
The borrower(s)/mortgagor(s) and guarantor(s) having failed to comply with the notice, this is to inform the public in general and the borrower(s) in particular that the Authorized Officer has taken possession of the secured asset under Section 13(4) of the Act read with Rule 8 of the Security Interest (Enforcement) Rules, 2002.
The public is hereby cautioned not to deal with the below-mentioned property, and any dealings will be subject to the charge of Punjab National Bank, Najibabad Chowk Branch, Bijnor, for the outstanding dues along with interest and other charges. The borrower’s attention is also drawn to Section 13(8) of the Act regarding the right of redemption of the secured asset.
Branch: Najibabad Chowk, Bijnor
Borrower / Guarantor:
M/s Mars Enterprises
Proprietor: Mohd. Ahmad S/o Sh. Noor Ahmad (Mortgagor)
Guarantor: Sh. Mohd Roshan Bilal S/o Sh. Mohd Hasim
Description of Immovable Property:
Equitable mortgage of residential property situated at Village Dariyapur, on Bundki Road, Tehsil Najibabad, District Bijnor, Uttar Pradesh, admeasuring 501.86 sq. meters, standing in the name of Mohd. Ahmad S/o Noor Ahmad. The property is registered under Bahi No. 1, Zild No. 6101, Serial No. 6993, Pages 321–348, dated 03.06.2013, SRO Najibabad, Bijnor.
Boundaries:
North: 20 feet wide road
South: Other land of seller Mubbasir Arif
East: Residential land of Anvari & Jaibunnisha
West: Property of Mahendra Singh
Demand Notice Date: 21.04.2026
Symbolic Possession Date: 01.04.2026
Physical Possession Date: 24.06.2026
Outstanding Amount: ₹41,78,244 (as on 31.03.2026) plus future interest and incidental charges
Place: Bijnor
Date: 25.06.2026