NOTICE OF SALE OF SECURED ASSETS BY PRIVATE TREATY (under Rule 8(6) of the Security Interest (Enforcement) Rules 2002)

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1 KALYAN NAGAR BRANCH Plot No.74-A, Phase-II, Opp: AG Colony, Kalyan Nagar HYDERABAD PH: REGISTERED POST WITH A/D To, NOTICE OF SALE OF SECURED ASSETS BY PRIVATE TREATY (under Rule 8(6) of the Security Interest (Enforcement) Rules 2002) Name & Full Address of Borrowers 1.Mr. Muriki Hari Krishna S/o. Mr. Muriki Raju, Plot No.20, Flat No.301, KVK Homes, Telephone Exchange, Kalyan Nagar, HYDERABAD Mr. Muriki Raju, S/o. Mr. Shankar Rao Muriki, Plot No.20, Flat No.301, KVK Homes, Telephone Exchange, Kalyan Nagar, HYDERABAD Name & Full Address of Guarantors NIL -- The Borrowers availed credit facilities from Central Bank of India, KALYAN NAGAR Branch. The repayment of the said loans is inter alia secured by mortgage of schedule mentioned property. The borrowers failed to pay the outstanding to the bank and therefore the borrowers were called upon to pay the amount due vide notice dated issued under Section 13(2) of the Act. It was made clear that if the payment is not made within 60 days, Bank will be constrained to exercise its rights by taking possession of the securities. As Borrowers failed to make payment, the undersigned took physical possession of the secured assets more fully described in the schedule hereunder as per the Possession Notice dated As per Section 13(4) of the Act, the bank is entitled to effect sale of the same and realize the proceeds towards costs, charges, expenses and outstanding balance. Accordingly, the undersigned conducted e-auction sale of the secured assets on , on , on and lastly on , which were not materialized due to want of bidders. As the undersigned is in receipt of expression of interest from intending purchaser to purchase the secured assets, notice is hereby given to the public in general and in particular to the Borrower (s) and Guarantor (s) that the below described immovable property mortgaged/charged to the Secured Creditor, will be sold for recovery of Rs.2,82,13,545/-(Secured Debt) as on with interest and cost thereon due to the Central Bank of India from the Borrowers on As is where is, As is what is, and Whatever there is by the method of PRIVATE TREATY SALE. Page 1 of 5

2 DETAILS OF PRIVATE TREATY SALE 1 Secured Debt to be recovered Rs. 2,82,13,545/- as on (with interest & cost thereon) 2 Date and Time of Sale : Date: Time: 11:00 AM 3 Place of Sale: Central Bank of India, KALYAN NAGAR Branch, Plot No.74-A, Phase-II, Opp: AG Colony, Kalyan Nagar HYDERABAD RESERVE PRICE (RP) Rs.2,80,00,000/- 5 Earnest Money Deposit (EMD) Rs.28,00,000/-. 6 Mode of Payments By NEFT/RTGS/Fund Transfer to A/c No , A/c Name : Authorised Officer, CBI, Hyderabad Region, IFSC Code :CBIN or Demand Draft in favour of Authorised Officer, Central Bank of India, Hyderabad Region payable at HYDERABAD 6 Last Date of Submission of Offer Form Date: Time: 4 PM The sale shall be on following terms and conditions or such other terms as may be settled between the secured creditor and the proposed purchaser. DESCRIPTION OF IMMOVABLE PROPERTY (SECURED ASSET) All that part and parcel of all that the piece and parcel of Property bearing No /A and A1, Plot No. 112 part admeasuring 656 Sq. yards site with building therein, situated at Srinagar Colony, GHMC, Hyderabad , in the name of Mr. Muriki Hari Krishna under EM to the Bank and bounded by: North : Building No /2 to 4 South : Jyothi Splendor Complex East : Neighbor s Bungalow West : 40 Wide Road Encumbrances known: NIL TERMS AND CONDITIONS OF PRIVATE TREATY SALE 1. The property SHALL NOT BE SOLD below the Reserve Price. 2. The prospective purchaser may inspect the property and verify the property documents held by Bank, details of litigations if any in respect of the property to his satisfaction before submission of Offer. No claim shall be entertained by Authorised Officer or Secured Creditor Bank at any later date. 3. The prospective purchaser shall submit duly executed OFFER FORM along with Earnest Money Deposit (EMD)and attested copy of the documents mentioned the Offer Form to the Authorised Officer, Central Bank of India, KALYAN NAGAR Branch. The Offer Form and other records shall be submitted in SEALED COVER, super scribing OFFER FOR PRIVATE TREATY SALE in A/c of Mr MURIKI HARI KRISHNA. 4. The EMD will not carry any interest and is refundable if sale is not confirmed in favour of the prospective purchaser OR if the sale is cancelled. Page 2 of 5

3 5. The sealed covers will be opened by the Authorised on the date and time of sale. Offers which are not in accordance with the terms and conditions will be summarily rejected. 6. In case of receipt of more than one Offer by the Authorised Officer, the highest Offer will be accepted and the highest offeror will be declared as purchaser by the Authorised Officer. If two or more offers with equal sale price is received, the Authorised Officer may declare the successful purchaser by draw lots. 7. The purchaser shall deposit 25% of the amount of sale price offered (including EMD) on the same day of sale. The purchaser shall also execute such agreements, forms as may be required by the Authorised Officer for further proceedings of the sale. 8. The sale by authorized officer shall be subject to confirmation of the secured creditor Bank. The Bank reserves the right to accept or reject all or any of the offers of purchase or cancel the sale without assigning any reason thereof. 9. The balance 75% of the sale price offered by the Purchaser shall be paid within 15 days from the date of confirmation of sale by the secured creditor Bank or such other extended period as per agreed terms between the purchaser and secured creditor, in any case not exceeding three months. 10. In case of default in payment of the sale price as agreed by the purchaser and secured creditor Bank, the sale will be cancelled and the amount already paid by the purchaser will be forfeited to the secured creditor Bank and the property will be again put to sale. 11. Sale Certificate of the property will be issued in the name of the Purchaser only. Sale Certificate will not be issued in the name of any other person or to the purchaser jointly with any other person. 12. The purchaser shall bear all stamp duty, registration fees and all other expenses, taxes, duties in respect of the property. Date: Place: HYDERABAD AUTHORISED OFFICER CENTRAL BANK OF INDIA, Page 3 of 5

4 NOTE: 1. Notice of sale shall be served on the borrower(s) and Guarantor(s) by registered post with A/D 2. Notice of sale shall be affixed on the conspicuous part of the immovable property. 3. Notice of sale shall be uploaded on the web- site of the secured creditor. Page 4 of 5

5 DETAILS OF PRIVATE TREATY SALE 1 Secured Debt to be recovered Rs. 2,82,13,545/- as on (with interest & cost thereon) 2 Date and Time of Sale : Date: Time: 11:00 AM 3 Place of Sale: Central Bank of India, KALYAN NAGAR Branch, Plot No.74-A, Phase-II, Opp: AG Colony, Kalyan Nagar HYDERABAD RESERVE PRICE (RP) Rs.2,80,00,000/- 5 Earnest Money Deposit (EMD) Rs.28,00,000/-. 6 Mode of Payments By NEFT/RTGS/Fund Transfer to A/c No , A/c Name : Authorised Officer, CBI, Hyderabad Region, IFSC Code :CBIN or Demand Draft in favour of Authorised Officer, Central Bank of India, Hyderabad Region payable at HYDERABAD 6 Last Date of Submission of Offer Form Date: Time: 4 PM The sale shall be on following terms and conditions or such other terms as may be settled between the secured creditor and the proposed purchaser. DESCRIPTION OF IMMOVABLE PROPERTY (SECURED ASSET) All that part and parcel of all that the piece and parcel of Property bearing No /A and A1, Plot No. 112 part admeasuring 656 Sq. yards site with building therein, situated at Srinagar Colony, GHMC, Hyderabad , in the name of Mr. Muriki Hari Krishna under EM to the Bank and bounded by: North : Building No /2 to 4 South : Jyothi Splendor Complex East : Neighbor s Bungalow West : 40 Wide Road Encumbrances known: NIL Page 5 of 5