Iris Clothings Limited — Others, 04-02-2025: Copy of Newspaper Publication

Mrs. Prova Paul has been issued a possession notice by UCO Bank for her apartment in Barrackpore, with an outstanding amount of ₹16.34 lakh, as she failed to repay it following a demand notice. The bank emphasizes that any dealings with the property will be subject to its charge. Mr. Jayanta Banerjee and Mrs. Namita Banerjee have a similar notice, with an outstanding amount of ₹18.30 lakh. Meanwhile, Das Enterprise also faces possession for an amount of ₹21.99 lakh. The implications for these parties are significant, as they risk losing their properties, which could dampen investor sentiment due to heightened financial risks in the area.