said documents, it is very clear that the Respondent Bank has issued Demand notice dt.O5.10.2021 u/s 13(2) of the SARFAESI Act calling upon the Applicants to repay the entire outstanding dues within 60 days from the date of receipt of the said notice and the said notice was sent to the Applicants through Regd. Post and it was also published in two daily newspapers. It is not the case of the Applicants that subsequent to the receipt of the demand notice, they paid any amounts to the Respondent Bank. So the Respondent Bank issued possession notice dt.02.03.2022 under Rule 8(1) of Security Interest (Enforcement) Rules, 2002 for taking possession of the schedule property and the said notice was sent to the Applicants through Regd. Post and it was duly served on the Applicants as evidenced by the postai track reports as hled by the Respondent Bank. The said notice was also published in English and Telugu daily newspapers dt.O6.O3.2O22 and copy of the said notice was also affixed on the schedule property as depicted in the photographs filed by the Respondent Bank. Hence in the circumstances, it is quite clear that the Respondent Bank has scrupulously followed the procedure laid down under the provisions of SARFAESI Act and Rules, 2002 in taking possession of the schedule property u/s 13(a) of the SARFAESI Act, 2002. So, the Applicants have failed to establish any ground for setting aside the proceedings initiated by the Respondent Bank under the SARFAESI Act,2OO2 against the schedule property.Accordingly, this point is answered in favour of the Respondent Bank and against the Applicants.
