ALLAHABAD BANK. (A Govt. of India Undertaking)

Transcription

1 ALLAHABAD BANK (A Govt. of India Undertaking) Head Office, 2, Netaji Subhas Road, Kolkata Zonal office: No , 1 st Floor, Himayatnagar main Road, Hyderabad Branch Office: No , Ground Floor, Himayatnagar main Road, Hyderabad NOTICE OF SALE Sale of Immovable property/ies mortgaged to Bank under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (No. 54 of 2002) Auction No. ALB/HNR/HYD/ /8 Dated: Whereas, the Authorized Officer of Allahabad Bank on its behalf and on behalf of Bank of Baroda had taken possession of the following property/ies pursuant to the notice issued under Sec 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002by the said banks individually in the following loan account with right to sell the same on AS IS WHERE IS BASIS, AS IS WHAT IS BASIS for realization of Bank's dues plus interest as detailed hereunder and whereas consequent upon failure to repay the dues, the undersigned in exercise of power conferred under Section 13(4) of the said Act proposes to realize the Bank's dues by sale of the said property/ies. The Sale will be done by the undersigned through e-auction platform provided at the website a) Name & address of the Borrower b) Name of Guarantor(s)/ Mortgagor(s) Name of the Account/Borrower M/s. Sarda Agro Oils Limited, (Borrower and Mortgagor) PLOT NO.655, SATAMRAI VILLAGE, GAGAN PAHAD, RANGA REDDY DIST. TELANGANA a) Date of Demand Notice b)date of Possession c) Claim Amount as per Demand Notice ALLAHABAD BANK a) b) (Jointly with Bank of Baroda) c)rs.55,45,20, plus interest till the date of realization and costs, charges S No 1 Description of Property All that the Land in survey no.655 (Part), admeasuring Ac Gts, situated at Shamshabad Village and Grampanchayath, Shamshabad Mandal, Border of Satamrai village, R. R. District in the name of Manohar Lal Sarda and bounded by North : Neighbours Property a) Reserve Price b) Earnest Money c) Bid increase amount. in Sl no. 1 a) 7,18,47,000/- b) 71,84,700/-

2 AND Also at SY.NO.287/3,4,5,7,10& 11 andsy.no 284/7, NEAR LIGHT HOUSE, TAMMAVARAM VILLAGE, SURYARAOPET PANCHAYAT,KAKINADA A.P AND also at /6/7, KISHANBAGH ROAD, BAHADURPURA, HYDERABAD and expenses BANK OF BARODA a) b) (Jointly with Allahabad Bank) c) Rs.69,80,25, plus interest till the date of realization and costs, charges and expenses,south : Road, East :neighbours land West: Open Land in Sy no 655 (part) All that Land bearing Survey No.655 part, admeasuring 0 Acres 10 Guntas or 0.10 Hectares, situated at Shamshabad Village, Border of Satamrai Village, Shamshabad revenue Mandal, Under Shamshabad G.P. Ranga Reddy District in the name of Santosh Sarda and bounded by Guarantors 1.Sri. Jagadish Prasad Sarda, (Guarantor & Mortgagor) Villa No.35, Parel County, Attapur, Hyderabad Sri. Manoharlal Sarda,(Mortgagor and Guarantor) , Tagri Ka Naka, Hussaini Alam, Hyderabad Sri. Ashok Sarda,,(Guarantor) Villa No.34, Parel County, Attapur, Hyderabad Smt. Santosh Sarda,(Guarantor ) Villa No.35, Parel County, Attapur, Hyderabad 500 North : Neighbours land, South : Cart track, East : Sy no 655 & 656/1 parts, West: Sy no 655 part All that the land, in survey no.656/part, admeasuring Ac: 1.00 Gts. situated at Shamshabad Village and Grampanchayath, Shamshabad Mandal, border of Satamrai Village, R.R. District in the name of Manoharlal Sarda Bounded by North: Neighbours land, South cart track, East : Cart Track, West : Neighbours land S No 2 All that of land situated in survey no.176 & 177 to an extent of AC 0.58 cents on the northern side of our Land situated at Thammavaram Hamlet of Suryarao Pet Grampanchayath, Kakinada in Sl no. 2 a) 1,66,18,000/- b) Rs. 16,61,800/-

3 Smt. Shoba Sarda,,(Guarantor) Villa No.34, Parel County, Attapur, Hyderabad and 6. Smt. Sunita Sarda,,(Mortgagor and Guarantor) , Tagri Ka Naka, Hussaini Alam, Hyderabad Mandal, East Godavari District, with the justice of Subregistrar Samalkot in the name of Manoharlal Sarda and bounded by North : Land of Shalimar, South : Land of Sarda & NCS, East : Land Purchased by Sarda, West My balance land. All that of land situated in survey no.308 to an extent of AC 0.63 cents on the northern side of our Land situated at Thammavaram Village, Suryarao Pet Grampanchayath, Kakinada Mandal, East Godavari District, with the justice of Sub Registrar Samalkot in the name of Manoharlal Sarda and bounded by North :Shalimar oil ltd, South : My balance land, East : land left for road portion and navy land, West: land of M Goutham being purchase by Ashok Sarda All that piece and parcel of land in Sy. No. 308/5 with an extent of Ac 0.65 Gts. On North side of our Land situated in Suryarao Peta Panchayat, Thammavaram Village, Kakinada Rural Mandal, East Godavari District in the name of Ashok Kumar Sarda and bounded by North: Land purchased by Sarda and Shalimar South: Land of Mootha family

4 East : Land of Mootha family and land left for the road West : Land purchase by sarda S No 3 All that part and parcel of Land totally Admeasuring Acs Guntas in survey No. 532/AA situated at Nandigam Village, Kothur Mandal, Mahaboob Nagar District within the jurisdiction of the SRO Shadnagar in the name of Shoba Sarda and bounded by in Sl no. 3 a) 2,83,75,000/- b) Rs. 28,37,500/- North : DLF Land, South :Land in Sy no 532/E, East : Neighbours land,west : Dlf land All that part and parcel of the Land totally admeasuring Ac.2-33 Guntas in Survey No.532/E, situated at Nandigam Village and Gram Panchayat, Kothur Mandal, Mahaboobnagar District, A.P within the jurisdiction of the S.R.O. Shadnagar, in the name of Santosh Sarda and bounded by North: Land in Sy no 532/AA South: Salivendra Gudem Road, East : Neighbours land,west: DLF land S No 4 All that the land, in Survey No.657, Admeasuring Ac: Gts. Situated at Shamshabad Village and Grampanchayath, Shamshabad in Sl no. 4 a) 1,67,42,000/-

5 Mandal, Border of Satamrai Village, R.R. District. in the name of Ashok Kumar Sarda and bounded by b) Rs. 16,74,200/- North: Neighbours land, South : Passage, East: Passage, West: Land of Pramod kumar Maheshwari. S No 5 All that premises bearing municipal No /2 (old No.22/2/A and 3-22/2) in plot no 11 and 12 in Sy. No. 95/5 admeasuring 740 Sq. yards., equivalent to Sq. Mtrs., situated at Kothapet village, Uppal Mandal, R.R. District, comprising of open land and shed in the name of Ashok Kumar Sarda and bounded by in Sl no. 5 a) 2,22,00,000/- b) Rs. 22,20,000/- North : 30 ft wide Road, South : 8 ft wide Road, East : Plot no 10 West : Plot no 13. S No 6 Office bearing No s. 205,206,207 and 208 on the second floor of Model House in premises bearing Municipal no s /A/5 to 8 situated at Punjagutta, Hyderabad, Telangana with undivided share of land square yards, plinth area square feet in the name of Sunitha Sarda W/o Manoharlal Sarda and bounded by: in Sl no. 6 a) 78,38,000/- b) Rs. 7,83,800/- North: Open to Sky, South :

6 Room no 204 East : open to Sky West : Walkway & Room no 209 S No 7 All that Land bearing survey no.655/part, admeasuring Ac Guntas equivalent to 0.40 Hectares, situated at Shamshabad Village & Grampanchayat, Shamshabad Mandal, Border of Satamrai village, Ranga Reddy District in the name of M/s Sarda Agro Oils and bounded by: in Sl no. 7 a) 3,12,66,000/- b) Rs. 31,26,600/- North : Owners Land, South: Cart Track East: Neighbours land, West: Cart Track S No 8 All that part and Parcel of Land in Survey no.656 part, admeasuring Ac, guntas, situated at Shamshabad Village, Shamshabad Mandal, Ranga Reddy District in the name of M/s Sarda Agro Oils and bounded by: in Sl no. 8 a) 3,73,08,000/- b) Rs. 37,30,800/- North : Cart Track, South: Owners Land, East: Cart Track, West : Owners land Date & time of submission of Process Compliance form & EMD: 3 rd day of October 2016(Upto 5.00PM) at our Himayatnagar Branch, , Ground Floor, Himayatnagar main Road, Hyderabad Date & time of e-auction: 5 th day, October 2016 between 1.00PM to 2.00PM at the platform of

7 (platform of Service Provider) Terms and Conditions 1. Platform (https//: for e-auction will be provided by our e Auction service provider M/s. Antares Systems Ltd having its Registered office at Bangalore (contact Phone No & Mobile: , ramu.gk@antaressystems.com This Service Provider will also provide demonstration/ training on eauction, if required, to the bidders who have deposited EMD with the Authorized Officer. 2. Earnest Money Deposit (EMD) for an amount equivalent to 10% of reserve price of the property is required to be deposited in a closed cover along with above referred Process Compliance Form for taking part in e-auction with Authorized Officer within ( up to 5.00pm.) along with Demand Draft / Banker s Cheque pertaining to above referred EMD. The envelope should be superscribed EMD for eauction A/c Sarda Agro Oils Ltd. 3. EMD amount shall be paid through Banker's Cheque/Demand Draft issued by a Scheduled Commercial Bank drawn in favour of The Authorised Officer, Allahabad Bank A/c Sarda Agro Oils Ltd payable at Hyderabad. The EMD is refundable, if the bid is not successful. Payment by any other mode such as Cheques/Cash will not be accepted for the aforesaid purpose. Bidders, not depositing the earnest money, will not be allowed to participate in the e-auction. 4. The intending participants of e-auction may download free of cost, copies of the Sale Notice, Terms & Conditions of e-auction, Help Manual on operational part of e-auction & Process Compliance Form related to this e-auction from above mentioned web site of service provider 5. For the purpose of participation in e-auction, the bidder must have a valid Digital Signature Certificate (DSC-Class II & above).any intending bidder, presently not having DSC may procure it from any Licensed Certifying Authority authorized under Section 24 of the Indian I.T. Act 2000 (CA). 6. Interested bidders may first login on above mentioned e-auction portal of the Service Provider & on line register as one of the participants for e-auction, download Process Compliance Form (PCF) & after filling it(pcf) properly may submit the same along with EMD with the Authorised Officer as specified above OR intending Bidder may directly approach the Authorized Officer, obtain blank PCF and fill it properly and submit it along with EMD with the Authorized Officer as specified above and then visit /log in on above mentioned e-auction portal of the Service Provider for on line registration as one of the participants for e-auction. 7. Process Compliance Form should be properly filled in & signed by the authorized person of the bidder only. It must contain i) Name ii) Address iii) valid id and Mobile No., Contact No. (registered / to be registered with above referred e-auction Website ) 8. During the e-auction bidders will be allowed to offer higher bid in inter-se bidding over and above the last bid quoted. If there is any bid entered in the system by any bidder before 5 minutes of close

8 of the bid time, then automatically a period of 10 minutes will be extended and the same process will be continued for unlimited period. 9. Intending Bidders are advised to properly read the Sale Notice, Terms & conditions of e-auction, Help Manual on operational part of eauction and follow them strictly. 10. To the best of knowledge and information of the Authorised Officer, there is no encumbrance on the property/ies. However, the intending bidders should make their own independent inquiries regarding the encumbrances, and claim/right/dues/affecting the property/ies, prior to submitting their bid. The property is being sold with all the existing and future encumbrances whether known or unknown to the bank. The Authorised Officer/ Secured Creditor shall not be responsible in any way for any third party claims/rights/dues 11. In case of any difficulty or assistance is required before or during eauction process they may contact authorized representative of our e-auction Service Provider (Mr.Ramu GK, Mob: , ramu.gk@antaressystems.com or Mr. Manohar Mob : v.manohar@antaressystems.com) 12. After finalization of e-auction by the Authorized Officer, only successful bidder will be informed either by or by SMS on their registered mobile or through registered Post. 13. The successful bidder shall have to deposit 25% (twenty five percent) of the bid amount, less EMD amount deposited, immediately and the remaining amount shall be paid within 15 days from the date of auction. In case of failure to deposit the amount within the time as stipulated, the amount deposited by successful bidder will be forfeited by the Authorized Officer and Authorized Officer shall have the liberty to cancel the auction and conduct a fresh auction. 14. Payment of sale consideration by the successful bidder to the bank will be subject to TDS under Section 194 1A of Income Tax Act 1961 and TDS is to be made by the successful bidder only at the time of deposit of remaining 75% of the bid amount. 15. All the above referred payments are required to be made in the form of Banker's Cheque /Demand Draft issued by a Scheduled Commercial Bank drawn in favour of The Authorized Officer, Allahabad Bank, A/c M/s Sarda Agro Oils Ltd. Payable at Hyderabad OR to be remitted through RTGS/NEFT (IFSC Code ALLA ) into Allahabad bank account number for crediting the same into A/c: M/s Sarda Agro Oils Ltd. 16. On receipt of the entire sale consideration, the Authorized Officer shall issue the Sale Certificate as per rules and the same shall be issued in the name of the bidder(s)/purchaser(s)/applicant(s) only and will not be issued any other name(s). 17. All expenses relating to stamp duty and registration of Sale Certificate, if any, shall be borne by the successful bidder. 18. The Authorized Officer will not be held responsible for any charge, lien, encumbrance, property tax, or any other dues to the Government or anybody in respect of the property under sale.

9 19. The Authorized Officer has the absolute right to accept or reject any bid or adjourn/postpone/ cancel the sale without assigning any reason therefore. It may be noted that nothing in this notice constitute or deemed to constitute any commitment or representation on the part of the bank to sell the property. 20. For inspection, the intending bidders may contact For inspection of the property/ies, the intending bidders may contact Allahabad Bank, Himayatnagar Branch (Tele phone no , ) during office hours between to Note: This is also a notice to the borrower/guarantors/mortgagors of the above said loan about holding of this sale on the above mentioned date and other details. Date: Authorized Officer Place : Hyderabad Allahabad Bank