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Pasari Spinning Mills has received a Proclamation of Sale from the Commercial Court, Mysuru, regarding enforcement proceedings initiated by The Cotton Corporation of India Ltd. for alleged dues totaling 70,312,477. This action targets the sale of the company's property, specifically Plot No. 54 and 55 in Nanjangud, measuring 42889 sq. meters. The company is currently examining the order and plans to take appropriate legal steps, including an existing application for a stay in the High Court. The financial impact of this development is currently under assessment.