29.r2.2021 as per the guidelines of RBI and the Bank initiated proceedings under the provisions of SARFAESI Act,2oo2 and issued demand notice dt.O2.O2.2O22 u/s 13(2) of the SARFAESI Act,2002 and the said notice was sent to the Applicants and in response to the objections raised by the Applicarrts, the bank issued detailed reply notice on os.os.2o22 and for collecting the required information and documents from the concerned branch and officers, there was a delay of 12 days in issuing the repry. Thereafter, the Respondent issued possession notice dt.09.06.2022 rn respect of the schedule properties and the said notice was sent to the Applicants and the same was published in two daily newspapers. Thereafter, the bank issued Pre-sale Notice dt. 10.06.2022 and challenging the said notices, the Applicants filed SA 165122 before this Hon,ble Tribunal and the said SA was dismissed by this Tribunal vide order dt.22.Lt.2024. In view of the dismissal of the SA 165l22, the Applicants are not entitled to question the said notices in the present SA. Thereafter, the Bank proceeded further and issued e Auction sale Notice dt'o4.12.2o24 for conducting auction of the schedule properties on 16.01.2025 and the said notice was published in two daily newspapers and the same was also affixed on the schedule properties. Before issuing the said notice, the Bank obtained valuation report from the approved valuer of the Bank on 07.o2.2o24. Thus, the Respondent Bank has duly followed the procedure prescribed under the provisions of SARFAESI A ct,2oo2 and, Rules made thereunder in issuing the impugned sale notice for conducting auction of the schedule Accordingly, Ld. counsel prayed to dismiss the SA. 4. Heard Ld. ffiS Counsel for the Respondent. Perused the brTfhlm7pprd.*
