Industrial Auction in Sri Muktsar Sahib | Punjab National Bank Auction

Property details

Property Type

Industrial

Description

Muktsar Main Branch -033000, Sr. No. 2026/019. Demand notice dated 29.07.2022, outstanding Rs 24,39,64,680.07 as on 26.09.2022 + further interest/expenses. Possession date 18.10.2022. Bid increase Rs 2,00,000. Note: Property has multiple recovery restrictions noted from Tehsildar Sri Muktsar Sahib re: pending State Tax dues against related parties (Rs 1,55,54,207, Rs 77,79,479, Rs 6,53,329, Rs 9,53,174) - and is pending in DRT Chandigarh I. Verify current status before bidding.

Possession

physical

Locality

Sri Muktsar Sahib

Full Address

Property ID PUNBQRB52651410. Khewat No.923, Khatouni No.1386, Rect.No.34, Killa No.19/1(2-8), 20(8-0), 21(8-0), 22/2(2-8), per jamabandi 2015-16, vide RTD No. 2909 dated 22.10.1999 (Rampal 1/2 share) and RTD No. 2909 dated 12.10.2021 (Jagnandan Singh 1/4 share); also Killa No. 19/1 (2-8) etc., Sri Muktsar Sahib-III, Tehsil Sri Muktsar Sahib, District Sri Muktsar Sahib

Pincode

152026

Bank & auction terms

Auction ID

AX-1GI0X8X

Bank / Authority

Punjab National Bank

Reserve Price

₹ 1,62,00,000

EMD Amount

₹ 16,20,000

Auction Date

24 Sept 2026

Auction Time

11:00

Borrower Name

M/s Sanmaan Rice Mills (Prop.), Nardev Singh Maan S/o Zora Singh Mann (Partner), Ram Pal S/o Sohan Lal, Harish Kumar Bansal S/o Sadhu Ram, Gursewak Singh Mann S/o Jagdish Singh, Saroj Rani, Jagdanish Singh S/o Chand Singh, Vardev Singh Mann, Himmat Singh, Rajinder Singh, Sanmaan Overseas

Bank Contact Details

Authorised Officer, PNB (Muktsar Main Branch), cs8225@pnb.bank.in

Auction documents

• Sale noticesale noticeDownload