Rice Mill Sealed and Taken into Possession by Bank Over Non-Payment of Limit Account Dues.
Miller Alleges Action Was Taken Without Issuing Legal Notice; Heavy Police Force Present During Sealing.
Tilhar/Shahjahanpur: Due to non-payment of the outstanding amount in a limit account, the bank administration on Wednesday took action against a rice mill located on the highway and sealed and took possession of the property. A large police force from various police stations in the circle, along with revenue department officials, was present during the action. Meanwhile, the mill owner alleged that the bank carried out the sealing proceedings without serving a legal notice.
Shyam Gupta, a resident of Nai Basti locality of the town, owns M/s Shyam Rice Mill situated on the highway. On Wednesday morning, officials of Bank of Baroda, accompanied by police personnel and Naib Tehsildar Rohit Kumar, reached the rice mill. Citing non-payment of the outstanding amount in the limit account, bank officials began the process of sealing the mill premises and warehouses.
On receiving information about the action, firm owner Shyam Gupta also reached the spot along with his family members. He presented a receipt showing that Rs. 50 lakh had been deposited with the bank last month. He also produced documents stating that an amount of Rs. 2.5 crore had been kept on hold by the Tribunal Court. However, the bank officials continued with the proceedings.
Mill owner Shyam Gupta alleged that the bank had not served him the mandatory 14-day legal notice before initiating the action. He also questioned the action despite the documents presented by him.
Naib Tehsildar Rohit Kumar said that banks have their own procedures and rules, in which the Revenue Department has no interference. The sealing action was carried out on the instructions of the bank.
During the proceedings, officials had a flex banner regarding the auction installed at the main entrance of the mill and also conducted photography of the proceedings. The Naib Tehsildar said that the bank had sealed the mill and taken it into its possession.
Bank of Baroda Chief Manager Kumar Gautam, Legal Department representative Darshan, Recovery Officer Dheeraj Dixit, Rupesh Awasthi, Deepak Rastogi, Sanjeev Pandey, along with other bank and administrative officials, were present during the action.
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