In a significant turn of events, actor and MP Sunny Deol has received substantial relief as Bank of Baroda (BOB) retracts the e-auction process against his Juhu property in Mumbai. The bank’s decision comes merely a day after it advertised the e-auction of the Gurdaspur MP’s property. This move was aimed at recovering a sum of Rs 56 crore. Originally scheduled for August 25, the e-auction was set to feature the property owned by the actor.Sunny Deol, renowned for his role in Gadar 2, finds himself in a financial bind, having defaulted on a loan of Rs 55.99 crore with accrued interest and penalties since December 2022. The withdrawal of the e-auction notice occurred within a remarkably short span of under 24 hours, prompting questions from the Congress.The bank notice, issued in accordance with the SARFAESI Act of 2002, identified Ajay Singh Dharmendra Deol, also known as Sunny Deol, as both the borrower and guarantor. Furthermore, the notice named Vijay Singh Dharmendra Deol, known as Bobby Deol, and Dharmendra Singh Deol as guarantors.The upcoming auction of the property, known as Sunny Villa, situated in Juhu, is set to commence with a minimum bid of ₹51.43 crore. The initial bidding amount has been established at ₹5.14 crore. This event brings into focus the complex financial landscape that can impact even prominent figures in the entertainment industry.
