Authum Investment & Infrastructure Limited (AIIL), under the Securitization, Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, has taken possession of properties due to non-repayment of loans by borrowers.
The borrowers and the public are cautioned against dealing with these properties, as any dealings will be subject to AIIL's charge.
Borrowers are invited to redeem their secured assets under Section 13(8) of the Act.
Details of Loan Accounts and Property Descriptions:
RLALKOL000339923: Property in Nachinda, Medinipur; ₹ 95,14,508
RLAWKOL000336404 & RLAWKOL000336413: Property in Sukunia, Medinipur; ₹ 60,93,498
RLELCNT000382976 & RLELCNT000397225: Property in Khamti, Medinipur; ₹ 45,07,764
RLALKOL000325621 & RLALKOL000325896: Property in Sukunia, Medinipur; ₹ 39,08,452
RLALCNT000341387: Property in Benudia, Medinipur; ₹ 38,12,790
RLLRKOL000321532: Property in Sankarpur, Medinipur; ₹ 1,66,49,606
Aditya Birla Housing Finance Limited (ABHFL) has classified loan accounts as Non-Performing Assets (NPA) as per RBI guidelines and issued demand notices under Section 13(2) of the SARFAESI Act, 2002.
Borrowers are called upon to repay outstanding amounts within 60 days, failing which ABHFL will enforce security interests, including taking possession and selling secured assets.
Borrowers are prohibited from transferring the secured assets without prior written consent from ABHFL, and any contravention will invoke penal provisions under the SARFAESI Act.
If the dues are tendered to ABHFL before the date fixed for sale or transfer, the secured asset shall not be sold or transferred by ABHFL.
Sri Amalendu Tikadar had availed Gold Loan from SBI Sahaganj Branch, by pledging gold ornaments, has defaulted in repaying as per schedule.The pledged ornaments will be publicly auctioned on 9 June 2025 at the branch premises without further notice.