NOTICE OF INTENDED SALE (Including for e-auction mode)

Transcription

1 PURASAWALKAM BRANCH 30/275, PURASAWALKAM HIGH ROAD CHENNAI Br.Ph / AGM Per: purasawalkam@indianbank.co.in Fax NOTICE OF INTENDED SALE (Including for e-auction mode) Date: Notice of intended sale under Rule 6(2) & 8(6) of The Security Interest (Enforcement Rules) 2002 under The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 To: 1. Mr. V Krishnamoorthy Borrower, H23/6, First Floor, TNHB Flats, Thirumurugan Street, Kalashetra Colony, Besant Nagar, Chennai Mrs. K. Thenmozhi Co-Borrower, H23/6, First Floor, TNHB Flats Thirumurugan Street Kalashetra Colony, Besant Nagar, Chennai Sub: Home Loan accounts , , of Mr.V.Krishnamoorthy and Mrs.K.Thenmozhi with Indian Bank,Purasawalkam Branch,Chennai -- Mr.V.Krishnamoorthy and Mrs.K.Thenmozhi availed facilities from Indian Bank, Purasawalkam Branch, Chennai, the repayment of which are secured by mortgage of schedule mentioned properties hereinafter referred to as the Properties. Mr.V.Krishnamoorthy and Mrs.K.Thenmozhi failed to pay the outstanding, therefore a Demand Notice dated under Sec 13 (2) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (for short called as The Act ), was issued by the Authorised Officer calling upon Mr.V.Krishnamoorthy and Mrs.K.Thenmozhi liable to the Bank to pay the amount due to the tune of Rs. 38,05, (Rupees Thirty Eight Lakh Five Thousand Four Hundred and Thirty Nine and Paise Seventeen Only) as on with further interest, costs, other charges and expenses thereon. Mr.V.Krishnamoorthy and Mrs.K.Thenmozhi failed to make payment despite Notice dated As Mr.V.Krishnamoorthy and Mrs.K.Thenmozhi failed to make payment despite Demand Notice, the Authorized Officer took possession of the schedule mentioned properties under the Act on after complying with all legal formalities. As per Sec.13 (4) of the Act, Secured Creditor is entitled to effect sale of the assets taken possession of and realize the proceeds towards outstanding balance. In accordance with the same, the undersigned / Authorized Officer intend selling the schedule mentioned securities by the following mode:

2 The sale proposed to be held is by way of public tender / auction adopting the e-auction mode. As per Rule 6 (2) and 8(6) of The Security Interest (Enforcement) Rules 2002 framed under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, 30 days notice of intended sale is required to be given and hence we are issuing this notice. The amount due as on is Rs.39,23,697/-(Rupees Thirty Nine Lakhs Twenty Three Thousand Six Hundred and Ninety Seven only) with further interest, costs, other charges and expenses thereon. Please take note that this is notice of 30 days and the schedule mentioned properties shall be sold under the Act by the undersigned/ Authorised Officer any time after 30 days. **The date of sale is fixed as AT AM which would be by e-auction mode. The Inspection of the Schedule mentioned property and related documents and upto date EC may be had by the intending purchasers/bidders at his expense on between AM to 2.00 PM. The Reserve price and Earnest Money Deposit (EMD) for the sale of the secured assets is fixed as mentioned in the schedule. The Tender/bid Form with the terms and conditions can be had on-line from the website and using the provision in the system / software, the same could be procured using the seal bid option such that the activities could be done online. The tender form and the terms and conditions would be available in the website from to , from am to 5.00.pm. (time) The last date for submitting tenders/bids complying with all necessary terms along with EMD in the stipulated manner is by 5.00 pm. The tenders should be accompanied with EMD taken in RTGS /NEFT / Account Transfer and / or any other acceptable mode of money transfer without time lag, failing which the tender becomes disqualified. The Nodal Bank account No./IFSC Code etc. for online money transfer is as under: S No Nodal Bank account No IFSC code 1 Indian Bank, Harbour Branch A/c No IDIB000H003 The sale shall be conferred on the person making highest offer / tender / bid subject to confirmation by Secured Creditor. The undersigned / Authorised Officer reserves right to accept or reject the bid / tender without assigning any reason whatsoever. Once the auction / e-auction is completed and sale is conferred on the person making the highest offer / tender / bid, the successful bidder will be intimated in person / by , as the case may be, who has to remit 25% of the bid amount(less the EMD) immediately by RTGS / NEFT / Account Transfer and/ or any other acceptable mode of money transfer, failing which the EMD amount remitted will stand to be forfeited. The balance sale price shall be paid within 15 days of confirmation of sale or extended time in writing. If the balance amount is not remitted within stipulated/agreed time, the amount of 25% remitted will also stand to be forfeited.the sale is subject to confirmation by the Secured Creditor.The sale is made on As is where is and As is What is basis and no representations and warranties are given by the Bank relating to encumbrances statutory liabilities etc.

3 **If the e-auction fails owing to any technical snag etc., the same may be re-scheduled by issuing 7 days prior notice. ***This Notice is without prejudice to any other remedy available to the Secured Creditor. SCHEDULE The specific details of the assets which are intended to be brought to sale are enumerated hereunder Mode of Sale Tender cum e-auction Reserve Price/Upset Price Rs Lakhs EMD Rs 5.68 Lakhs Inspection of the property Opening of tenders/bids at 11 AM Prior encumbrances NIL Description of securities Property: Schedule A(Entire property) All that piece and Parcel of land being land of a total extent of 18 Acres 70.5Cents comprising the following items situate at Kazhipattur Village, Muthukad Panchayat,Chengalpet Taluk,Kanchipuram district. S No. Survey No. Ext. in Cents S No. Survey No. Ext. in Cents 1 167/ / / /2A /1A /2B /1B1,1B2,1B /2B / /2B / /2C / /2D / /2E / /2F / /2F / /3A / /3B / /3C / / / / /1C /1C / /1A /2A /1B /2B /1D 4.00

4 20 188/2C /1E / /2A /2B / /2C / /2D / /2E / /2F / /2G / /2A /2A /2B /2D /2C /2D /2E / /2F / /2B /2A /2C /2B /1A /2C /1B / / / / / / Part Total Land extent within the limits of Registration District of Chengalpet and Sub Registration District of Thiruporur,bounded within the following : North by: Survey No:173 part,171,160,181,182,183 part,186 part South by: Survey No.201,197 part,203,204,189,187,184,185 part and 186 part East by: Survey No.201,360,166,169 part,173 part,170 part and Kazhipattur joint road. West by: Survey No.180,181,182,186 part,183 part,185 part,184,189,188,206 and Rajiv Gandhi Salai(previously known as Old Mahabalipuram Road) Schedule B(Property retained by Builder) All that piece and parcel of property forming part of Schedule A property and their respective survey number and extent are detailed below. S.No. Survey No. Ext. in Cents S.No. Survey No. Ext.in Cents 1 193/ /2C 33.00

5 2 193/2b / /2c / /1A / /1B /2A / /1B1,1B2,1B / /4Part / /1,2,3 & /2A part /2B Total land extent Schedule C(Land earmarked for residential pupose) All that piece and parcel of property forming part of Schedule A property and their respective Survey number and extent are detailed below:- S.No. Survey No. Ext.in Cents S.No. Survey No. Ext.in Cents 1 167/ /2C / /2D /1A /2E / /2F / /2F /4PART /3A / /3B / /3C / / / / /1C /1C / /1A /2A /1B /2B /1D /2C /1E / /2A /2B / /2C / /2D / /2E / /2F 12.00

6 22 191/ /2G / /2A /2D /2B /2C /2D / /2E /2A /2F /2B /2B / /2B Schedule D Total Land extent An Undivided 611 Sq.ft (out of cents) Share of land right, title and interest in the schedule C Property along with a Flat bearing No.6066 with super built up area of 1710 Sq.ft in the Block No.6,Sixth floor of multi-storeyed building in the complex called TVH Ouranya Bay situated at No.3/429,Kazhiapattur Village,Old Mahabalipuram Road, Chennai along with one covered car parking. Last date and time for submission of Bid up to 5.00 PM **Bidders are advised to visit website tenders.gov.in of our e auction service provider M/s. Matex Net Pvt. Ltd,124,2 nd Floor, Karpagam Avenue,4 th street, Opp. Mayor Ramanathan Hall, RA Puram Chennai for auction bid form and detailed terms and conditions which are annexed to the bid form. 1. address bankauctions@matexnet.com 2. Phone No (044) Fax: (044) Name of the contact person Mr. Jagadeesh (Manager) Cell No Website 5. Date, time and place of sale , From 11 AM-1.00 PM Indian Bank, Purasawalkam Place:Chennai Date: AUTHORISED OFFICER INDIAN BANK