OtherUpcoming auctionVerified listing
Other in Ludhiana
Ludhiana
Reserve price
₹80.70 L
Auction date
17 Feb 2026
11:30 AM
EMD deadline
29 Dec 2025
5:00 PM
Bid increment
₹10,000.00
Auction timeline
Auction starts
17 Feb 2026 at 11:30 AM
Auction ends
17 Feb 2026 at 12:30 PM
EMD submission deadline
29 Dec 2025 at 5:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Property Title
Machinery For Manufacturing of Fabrics for Sale in Ludhiana
Type
Other
Sub Type
Others
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹80.70 L
Property Identifiers
Bank Property ID
CNRB681990
Collateral ID
258426100025900
Location details
Property Address
26/A INDUSTRIAL AREA A, EXTENTION
LUDHIANA-141003, PUNJAB
City: Ludhiana
District: Ludhiana
State: Punjab
Pin Code: 141003
Country: India
Borrower & Loan details
Borrower Name
M/s S.R.K. FABRICS
Registered Address of Borrower
PROPRIETOR MR. SACHIN KAUSHAL S/O LATE SH RAMESH KAUSHAL
26/A INDUSTRIAL AREA A, EXTENTION
LUDHIANA-141003, PUNJAB
Owner
M/s KAUSHAL FINISHING
Ownership of Property
Guarantor Cum Mortgagor
Guarantor
M/s KAUSHAL FINISHING
NPA Amount
₹38.52 Cr
NPA Date
31 Dec 2016
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
258426100025900
Customer ID
68418067
Guarantor Address
MR. SACHIN KAUSHAL S/O LATE SH. RAMESH KAUSHAL
R/o H No. 433/5-A, BASANT ROAD, CIVIL LINES, NEAR KHALSA COLLEGE
GHUMAR MANDI, LUDHIANA-141001, PUNJAB
Possession Dates
Symbolic
05 Sept 2025
Additional details
Description
Machinery For Manufacturing of Fabrics situated at 26/A INDUSTRIAL AREA A, EXTENTION LUDHIANA-141003, PUNJAB in the commercial building in the name of M/s Kaushal Finishing.
EMD Schedule
EMD Start
05 Jan 2026
1:02 PM
EMD Deadline
16 Feb 2026
5:00 PM
Payment Deadline
29 Dec 2025
Inspection Schedule
Inspection Start
09 Feb 2026
3:00 PM
Inspection End
10 Feb 2026
5:00 PM
Officer Details
Authorized Officer
Ripan Madan
Authorised Officer - Scale - IV - CM
Dealing Officer
RIPAN MADAN CHIEF MANAGER
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹10,000.00
Extension Increment
₹10,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
258426100025900
Property ID
CNRB681990
Canara Bank
Verified seller
Branch: SPECIALISED ARM BRANCH, LUDHIANA
IFSC: CNRB
Bank contact
+91 99999 99999+91 95177 00632
Branch Address
Millerganj, Gill Road,Branch IFSC
CNRB0006819Department
SPECIALISED ARM BRANCH, LUDHIANA