The bank has issued notices to Sujana Choudhary. Tenders can be filed for assets on March 21st.
BJP MP Sujanachaudri was shocked by the announcement. The bank said in a Notice that Suzana Universal Industries Limited will not auction its mortgaged assets. The bank says it has issued notices to individuals and institutions that have issued loans.
Suzana Chaudhary, Gothamukkula Srinivasaraju, Y. Shivalinga Prasad (Late), Y Jitin Kumar and Y Sivaramakrishna signed the guarantee for bank loans taken by Suzana Universal Company. The names of ST Prasad, Splendid Metal Products, Suzana Capital Services, Suzana Pumps and Motors, Neon Towers and SAARC Net Limited are listed.
March 20 from 11 a.m. to 2 p.m. Bank of India said in a notice that the assets could be inspected till 3 pm. The bank has requested tenders to be filed on March 21. Suzana Chaudhary, on the other hand, has to respond to the matter.