Plant & Machinery for auction Sharda Nagar Kanpur 93 lakh Debts Recovery Tribunal

This auction features a significant lot of Plant & Machinery located in Kanpur, Uttar Pradesh. The assets belong to M/s U P State Textile Corporation Ltd and are categorized as scrap. This is a prime opportunity to acquire industrial equipment in a key manufacturing hub. Ideal for businesses looking to expand their operational capacity or salvage valuable components. The property is situated within the Kanpur area, offering logistical advantages for transport and potential resale.

Debts Recovery Tribunal (DRT) is conducting an online auction for Plant & Machinery declared as scrap, formerly belonging to M/s U P State Textile Corporation Ltd. The auction will be held on 31-10-2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price for this auction is ₹93,00,000, and the Earnest Money Deposit (EMD) required is ₹9,30,000. This DRT auction presents a unique chance to acquire industrial assets at a competitive price in Kanpur, Uttar Pradesh.