J.G.Chemicals Limited — Others, 19-05-2025: Copy of Newspaper Publication

Axis Bank Ltd has initiated recovery proceedings on a loan secured by immovable properties in Ahmedabad, Gujarat, including a building, land, and common areas. The total dues, including principal, interest, and charges, stand at ₹19.61 lakh. The bank has taken possession of these assets and is enforcing its security rights. Stakeholders should note this reflects active recovery efforts, which could affect the borrower’s secured properties if dues remain unsettled or objections are not raised.