Nabil Bank Limited, Katari Branch, has issued a 7-day notice for the auction of collateral properties via sealed bids. This action follows the failure of the borrower, Dudhkoshi Suppliers, and its guarantors to settle their outstanding loan obligations despite multiple requests and a previous public notice. The bank is proceeding with the sale of the listed movable and immovable assets to recover its dues according to banking laws.
Interested bidders must submit their sealed proposals to the bank’s Recovery Department in Kathmandu or the Katari Branch by 5:00 PM on Falgun 11, 2082. A non-refundable bid form fee of Rs. 1,000 is required, along with a 10% security deposit of the total bid amount. The bids will be opened at 3:00 PM on Falgun 12, 2082, at the bank’s Katari Branch in Udayapur.
