HomePoliticsBank of Baroda Withdraws Auction Notice for Sunny Deol's Villa: Congress Leader...

Bank of Baroda Withdraws Auction Notice for Sunny Deol’s Villa: Congress Leader Jairam Ramesh Questions ‘Technical Reasons’

Twitter: @the_news_21

Just a day subsequent to Bank of Baroda’s notice indicating that Bollywood actor and Gurdaspur’s Member of Parliament, Sunny Deol, had purportedly defaulted on a loan of Rs 56 crore, the bank released a corrigendum on Monday, August 21, retracting the auction notice for Deol’s villa in Juhu. The Congress party seized the opportunity to taunt the situation, as Jairam Ramesh, a prominent party leader, tweeted, “In less than 24 hours, the nation has discovered that the Bank of Baroda withdrew the auction notice citing ‘technical reasons.’ Curious who prompted these ‘technical reasons’?”

An earlier statement from Bank of Baroda had revealed plans to e-auction Sunny Deol’s Juhu villa on September 25 due to an alleged outstanding amount of Rs 55,99,80,766.

The bank’s prior announcement in national newspapers had outlined its intention to e-auction the 600 sq meter plot property owned by Sunny Deol in Juhu on September 25, with the aim of recovering the alleged Rs 56 crore debt.

The reserve price for the auction was set at Rs 51.4 crore. The notice identified Ajay Singh Dharmendra Deol, known as Sunny Deol, as the borrower guarantor. Additionally, it named Vijay Singh Dharmendra Deol, alias Bobby Deol, and actor Dharmendra Singh Deol as co-guarantors.

The news of the bank’s notice to Sunny Deol, whose recent film “Gadar 2” has created a significant buzz and achieved remarkable box office success, captured attention on August 20. However, the bank’s swift retraction of the notice on Monday, August 21, has drawn criticism from the Congress party.

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