The auction notice for actor and BJP MP Sunny Deol's bungalow in Mumbai's Juhu has been withdrawn, the state-owned Bank of Baroda said in a statement today.
Mr Deol's property was put on the block on Sunday by Bank of Baroda to recover Rs 56 crore through an e-auction to be held on August 25. The Gurdaspur MP has been in default on a Rs 55.99 crore loan from Bank of Baroda since December 2022.
"Corrigendum to e-auction notice with regards to sale auction notice in respect of Mr Ajay Singh Deol alias Mr Sunny Deol stands withdrawn due to technical reasons," the Bank of Baroda said in a statement today.
The bank had said on Sunday that the auction of the Juhu property known as Sunny Villa would commence at Rs 51.43 crore. The minimum bid amount was set at Rs 5.14 crore.
Additionally, the 599.44 square metre property, which houses Sunny Villa and Sunny Sounds, was also set to be auctioned off. Sunny Sounds is a company owned by the Deols, and it is the corporate guarantor for the loan. Dharmendra, Sunny Deol's actor-politician father, is the personal guarantor.
The notice on Sunday 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.
Reacting to the bank's notice, Congress today asked who triggered the "technical reasons" for the withdrawal.
"Yesterday afternoon the nation got to know that Bank of Baroda had put up the Juhu residence of BJP MP Sunny Deol for e-auction since he has not paid up Rs 56 crore owed to the Bank. This morning, in less than 24 hours, the nation has got to know that the Bank of Baroda has withdrawn the auction notice due to 'technical reasons'. Wonder who triggered these 'technical reasons'?" Congress leader Jairam Ramesh wrote on X, formerly known as Twitter.
Sunny Deol Calls Out Camp Culture In Bollywood: "I Didn't Have Big houses Working With Me" Sunny Deol Confirms He Is A Part Of Nitesh Tiwari's Ramayana: "They're Trying To Make It Like Avatar" Sunny Deol's Birthday Wish For Son Karan Deol Is Everything: "You Are My Pride And My Heart" Suspected Car Attack On German Christmas Market Injures Up To 80 Hardeep Puri vs Shashi Tharoor Over 2009 Dinner With George Soros In US Video: Bird's-Eye View Of Devastation After Jaipur Accident That Killed 12 Volkswagen To Cut 35,000 Jobs In Germany By 2030 Suspected Car Attack On German Christmas Market Injures Up To 80 16-Year-Old JEE Student From Bihar Found Hanging From Fan In Kota: Police Track Latest News Live on NDTV.com and get news updates from India and around the world.