A friend you can bank upon

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1 A friend you can bank upon VIJAYA BANK (A Govt. of India Undertaking) CHIDAMBARAM BRANCH No.90,90A,WEST CAR STREET CUDDALORE DIST (Phone: ), E-AUCTION SALE NOTICE Notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particular by the Authorized Officer, that the under mentioned property mortgaged to Vijaya Bank, Pudupet Branch, Chennai taken possession under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, will be sold by E Tender Cum Auction as mentioned below for recovery of under mentioned dues and further interest, charges and cost etc, as detailed below. 1. NAME AND ADDRESS OF BORROWER/MORTGAGOR/GUARANTOR/S : Mr.SELVARAJ K S/O KALIYAPERUMAL Old No-2/35, New No-22 Nandeeswaramangalam Village Post, Guarantors: 1. Mrs.K.DHANAM W/O KALIYAPERUMAL Old No-2/35, New No-22 Nandeeswaramangalam Village Post, 2. Mrs.K. CHITRA,W/O. KALIYAMOORTHY Residing at Kavalakudi Village Post, 3. Mr.RAVI K S/O KALIYAPERUMAL Old No-2/35,New No-22 Residing at Nandeeswaramangalam Village Post,

2 2. AMOUNT DUE TO THE BANK: Rs.8, 43,308/- (RUPEES Eight lakhs fourty three thousand three hundred and eight and further interest from at contractual rate together with cost, charges other monies 3. POSSESSION TAKEN ON: The under mentioned properties will be sold by Online e-auction through website on the date and terms mentioned below for Recovery of an amount of Rs.8, 43,308/- (RUPEES Eight lakhs fourty three thousand three hundred and eight and further interest from at contractual rate together with cost, charges other monies other expenses from all of you severally and personally till the realization of costs for which necessary steps including publication in newspaper have been/are being taken. SCHEDULE PROPERTY 1. All that part and parcel of the land situated at Plot with PLOT NO:4, R.S.No.33/5,33/4, to the extent of 1125 sq.ft at Beer Mohamed Nagar,Pallipadai Village, Chidambaram Taluk,Cuddalore District. Bounded by On the North by: Plot no: 8, On the South by: Nagar road, On the East by : Plot no: 3, On the West by : Plot no: 5. Date and Time of Auction Reserve Price Earnest Money Deposit Incremental amount Date of inspection by intending purchasers Last date for submission of tender form The sealed cover should be superscribed with Date, time & Place of opening of online offers Date and Time of Auction between 11a.m and 1.00 p.m with unlimited extension of 10 minutes i.e. the end time of e- auction will be extended by 10 minutes each time if bid is made within the last 10 minutes before closure of auction Rs.4.5 lakhs(rs Four lakhs fifty seven thousand Rs.0.45 lakhs (Rupees Fourty five thousand Five thousand a.m to 4 p.m p.m Quotation for participating in e-auction sale Sathya C AM, Vijaya Bank, 90/90 A west car street, Chidambaram(Tk), Cuddalore(Dt) between 11a.m and 1.00 p.m with unlimited extension of 10 minutes i.e. the end time of e- auction will be extended by 10

3 Reserve Price Earnest Money Deposit Incremental amount Date of inspection by intending purchasers Last date for submission of tender form The sealed cover should be superscribed with Date, time & Place of opening of online offers minutes each time if bid is made within the last 10 minutes before closure of auction Rs.4.5 lakhs(rs Four lakhs fifty seven thousand Rs.0.45 lakhs (Rupees Fourty five thousand Five thousand a.m to 4 p.m p.m Quotation for participating in e-auction sale Sathya C AM, Vijaya Bank, 90/90 A west car street, Chidambaram(Tk), Cuddalore(Dt) Terms and conditions of Sale: 1. Auction/bidding shall only be through online electronic mode through the website of the Service Provider M/s e-procurement Technologies Limited (abcprocure), Ahmedabad is the Service Provider to arrange e- auction platform. 2. The bidders may participate in e-auction for bidding from their place of choice internet connectivity shall have to be ensured by bidder himself. Bank/Service Provider shall not be held responsible for the internet connectivity, network problems, system crash down, power failure etc. 3. For details, help, procedure and online training on e-auction prospective bidders may contact the Service Provider viz M/s e-procurement Technologies Limited (abcprocure), Ahmedabad. Contact No /35/79/83/85/91, Id: support@abcprocure.com. Bangalore Contact No Mr. Rikin Bramxatriya. Id: rikin@abcprocure.com Contact No Mr. Ankit Viradiya ankit@abcprocure.com Bidders are required to hold digital signature certificate for participating in the E-Auction 4. Bidders are advised to go through the website for detailed terms and conditions of auction sale & auction application form before submitting their Bids for taking part in the e-auction sale proceedings. 5. For participating in e-auction sale the intending bidders should register their details with the Service Provider M/s e-procurement Technologies Limited (abcprocure), Ahmedabad, well in advance and get the User ID and password. Only the password may be changed on receiving it. 6. For participating in e-auction, intending bidders have to deposit a refundable EMD of 10% of reserve price by way of DD/Banker's Cheque favoring Vijaya Bank, Asset Recovery Management Branch payable at Chennai, the intending bidders should submit the quotations along with the Demand Draft towards EMD in a sealed cover so as to reach to the Authorized Officer, VIJAYA BANK,CHIDAMBARAM BRANCH, CUDDALORE DIST Dt on or before 4 p.m, The sealed cover should be superscribed as stated above for the property. Tender forms may be collected

4 from the banks office. The intending bidders must pay 10% of the upset price through RTGS/NEFT/DD etc and the remittance details must be clearly indicated in the bid form. 7. The property shall not be sold at /below the Reserve Price for each property as per the schedule. 8. The highest bidder in the e-auction immediately on closure of auction process should submit/send the final price quoted by him by fax both to the Authorized Officer, VIJAYABANK, CHIDAMBARAM BRANCH,CUDDALORE DIST and the service provider by Fax message for getting declared as highest bidder in the auction. 9. The successful bidder should deposit 25% of the bid amount (including EMD) plus poundage fee of 1% of bid amount + Rs 10/- on the same day before hrs of the sale, being knocked down in his favour and balance 75% of bid amount within 15 days after the sale date without any further notice or such extended period as may be agreed in writing by the Authorized Officer by RTGS/NEFT/Funds Transfer/Demand Draft to the credit of A/C No Authorized Officer in account K SELVARAJ, Chidambaram, through IFSC Code VIJB or by Demand Draft /Pay Order in favour of Vijaya Bank, ARMB Branch payable at Chennai. Amount of EMD and /or initial deposit as above shall be forfeited on failure to pay the balance amount as mentioned above. 10. In case of default in payment at any stage by the successful bidder/auction purchaser within the stipulated time, the sale will be cancelled and the amount already paid will be forfeited and the property will be again put to sale. 11. The successful bidder shall bear the charges payable for conveyance, Registration fee, stamp duty etc., as applicable. 12. The property is being sold on AS IS WHERE IS & AS IS WHAT IS BASIS and subject to conditions prescribed in the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and also subject to any orders of stay granted by any Court/Tribunal. 13. Prospective bidders are advised to peruse the copies of Title deeds with the Bank and verify the latest Encumbrance Certificate and other Revenue/Municipal records to exercise due diligence and satisfy themselves on the Title and Encumbrances, if any over the property and any complaints on the title deeds shall not be entertained later on. 14. Bids once made shall not be cancelled or withdrawn. All bids made from the user ID given to bidder will be deemed to have been made by him only. 15. All bidders shall be deemed to have read and understood the terms and conditions of sale and be bound by them. 16. The Authorized Officer may postpone/cancel the e- Auction without assigning any reason thereof. 17. In case the e-auction schedule is postponed to a date before 30 days from the scheduled date of sale, it will be displayed on the website of the Service Provider. 18. This notice is issued without prejudice to such rights and remedies as are available against the Borrower/Mortgagor/Guarantor of the said loan/facilities to Vijaya Bank under law. Note: The intending bidders may contact: Vijaya Bank, Vijaya Bank, 90/90 A west car street, Chidambaram(Tk), Cuddalore(Dt) for ascertaining the details of property and also for inspection of property Contact no Phone: il:vb3068@vijayabank.co.in. The above property details are also available at website

5 Place: Chidambaram Date: Authorized Officer VIJAYABANK

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