SARFAESI Acl,2OO2 and sent the said notice to the Applicant and others through Regd.Post and the said notice was received by the Applicant as evidenced by the postal acknowledgements filed by the Bank. The said notice was also published in two daily newspapers as evidenced by the copies of paper publication liled by the Respondents. When there is no response to the said demand notice, the Respondents issuedpossession notice dt.07.1O.2O24 u/s 13(a) of the SARFAESI Act, 2OO2 ard sent the same to the Applicant and others through Regd. post as evidenced by the postal track reports filed by the Respondents. The said possession notice was published in Telugu and English daily newspapers as evidenced by the copies of the paper publication filed by the Respondents and the said notice was affixed on the schedule properties as depicted in the copies of photographs filed by the Respondents. Hence in the circumstances, it is quite clear that the Respondents have scrupulously complied with Rule 8(1)&(2) of Security Interest(Enforcement) Rules, 2OO2 in til<tng possession of the secured assets u/s 13( ) of the Act and so, the said possession notice dt.07.1O.2O24 is perfectly legal and valid. Accordingly, this point is answered in favour of the Respondents and against the Applicant.
