On Sunday, a notice was issued by the bank to recover Rs 56 crore from the Gurdaspur MP through an e-auction to be held on August 25.
Finally, relief for actor Sunny Deol as his Juhu villa is not going for auction. It was reported that the actor got a sale notice issued on Sunday by a state-owned bank where it was stated that it was to auction Sunny Villa, located at Gandhi Gram Road, Juhu, Mumbai to recover Rs 55.99 crore from the actor.
Now, the bank has rectified its mistake as it has now issued a corrigendum (an error to be corrected). It read: "Corrigendum to E Auction Sale Notice dated 19.08.2023 published in The Times of India Mumbai Edition (Pg.3) dated 20.08.2023 with regards to Sale Notice in respect of Mr. Ajay Sing Deol Alias Mr. Sunny Deol Stands Withdrawn due to Technical Reasons for the below mentioned Property :All That piece and parcel of land bearing Survey No. 41 Hissa No 5 (Pt) CTS No. 173 of Village Juhu Taluka Andheri Mumbai Suburban Dist, Admeasuring 599.44 Sq Mtrs underneath a structure known as Sunny Villa situated at Gandhigram Road Juhu Mumbai 400049. Bearing New Municipal assessment No. 00121047 situated in registration District and Sub district of Mumbai Suburban."
On Sunday, a notice was issued by the Bank of Baroda to recover Rs 56 crore from the Gurdaspur MP through an e-auction to be held on August 25.
The bank had said that the auction of the actor known as Sunny Villa would commence at Rs 51.43 crore. The minimum bid amount was set at Rs 5.14 crore.
Also, it stated that the 599.44 square metre property, which includes Sunny Villa and Sunny Sounds, was also set to be auctioned off. For the unversed, Sunny Sounds is a company owned by the Deols, and it is the corporate guarantor for the loan. Sunny's father Dharmendra is the personal guarantor.
The notice by the bank also stated that the Deols can still settle their outstanding debt with the bank to prevent the auction from being held under the provisions of the SARFAESI Act of 2002.
Meanwhile, Sunny's recently released 'Gadar 2' is performing well at the box office. It is inching closer to Rs 400 crore.