{"id":358957,"date":"2023-08-21T11:25:00","date_gmt":"2023-08-21T11:25:00","guid":{"rendered":"https:\/\/haftavasool.com\/haftavasool\/blog\/2023\/08\/21\/bank-of-baroda-explains-why-it-withdrew-sunny-deols-bungalow-auction-notice\/"},"modified":"2023-08-21T11:25:00","modified_gmt":"2023-08-21T11:25:00","slug":"bank-of-baroda-explains-why-it-withdrew-sunny-deols-bungalow-auction-notice","status":"publish","type":"post","link":"https:\/\/haftavasool.com\/haftavasool\/blog\/2023\/08\/21\/bank-of-baroda-explains-why-it-withdrew-sunny-deols-bungalow-auction-notice\/","title":{"rendered":"Bank Of Baroda Explains Why It Withdrew Sunny Deol&#8217;s Bungalow Auction Notice"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div itemprop=\"articleBody\" id=\"ins_storybody\"><!-- \n\n<div itemprop=\"articleBody\" class=\"sp-cn ins_storybody\" id=\"ins_storybody\">--><\/p>\n<div class=\"ins_instory_dv\">\n<div class=\"ins_instory_dv_cont\"><img decoding=\"async\" title=\"Bank Of Baroda Explains Why It Withdrew Sunny Deol's Bungalow Auction Notice\" alt=\"Bank Of Baroda Explains Why It Withdrew Sunny Deol's Bungalow Auction Notice\" id=\"story_image_main\" src=\"https:\/\/c.ndtvimg.com\/2023-08\/hmpps5fo_sunny-deol_625x300_20_August_23.jpg\"\/><\/div>\n<p class=\"ins_instory_dv_caption sp_b\">Sunny Deol: It was withdrawn as per normal industry practice followed in other cases as well, it said.<\/p>\n<\/div>\n<p><b class=\"place_cont\">New Delhi: <\/b><\/p>\n<p>The auction notice for actor and BJP MP Sunny Deol&#8217;s bungalow in Mumbai&#8217;s Juhu was withdrawn due to technical reasons &#8220;as per the normal industry practice followed in other cases as well&#8221;, the state-owned Bank of Baroda said today, and revealed the actor has approached the bank to settle dues.<\/p>\n<p>The total dues in the notice did not specify the exact quantum of dues to be recovered, the bank said.<\/p>\n<p>The notice was based on a symbolic possession of the property, and the bank has applied for physical possession, it said.<\/p>\n<p>&#8220;&#8230;the sale notice was based on a symbolic possession of the property as per Rule 8(6) of The Security Interest (Enforcement) Rules 2002. An application has been made for physical possession by the Bank with the Chief Metropolitan Magistrate on 01st August 2023, which is pending for permission,&#8221; the bank&#8217;s statement posted on X, formerly Twitter, said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"zxx\"><a href=\"https:\/\/t.co\/L4BdXxeuyN\">pic.twitter.com\/L4BdXxeuyN<\/a><\/p>\n<p>\u2014 Bank of Baroda (@bankofbaroda) <a href=\"https:\/\/twitter.com\/bankofbaroda\/status\/1693573634248605859?ref_src=twsrc%5Etfw\">August 21, 2023<\/a><\/p><\/blockquote>\n<p>Sunny Deol has told the bank that the property is in use, so the sale will be initiated as per the provisions of the SARFAESI Act, which empowers banks and financial institutions to take possession of assets\/properties of credit defaulters without court intervention.<\/p>\n<p>&#8220;In the meantime, the borrower has approached the Bank for settling the dues as per the sale notice published on 20th August 2023, where the borrower\/guarantors were notified that they are entitled to redeem the securities by paying the outstanding dues\/costs\/charges and expenses at any time before the sale is conducted,&#8221; the notice said.<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.ndtv.com\/india-news\/bank-of-baroda-explains-why-it-withdrew-sunny-deols-bungalow-auction-notice-4315919\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Sunny Deol: It was withdrawn as per normal industry practice followed in other cases as well, it said. New Delhi: The auction notice for actor and BJP MP Sunny Deol&#8217;s bungalow in Mumbai&#8217;s Juhu was withdrawn due to technical reasons &#8220;as per the normal industry practice followed in other cases as well&#8221;, the state-owned [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":358958,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[96437,19470,426208],"_links":{"self":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts\/358957"}],"collection":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/comments?post=358957"}],"version-history":[{"count":0,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts\/358957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/media\/358958"}],"wp:attachment":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/media?parent=358957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/categories?post=358957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/tags?post=358957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}