PUBLIC NOTICE FOR SALE OF SECURED ASSETS THROUGH MEGA E-AUCTION UNDER SARFAESI ACT 2002
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- Alan Arnold
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4 The Authorized Officer (AO) of IDBI Bank Ltd. (IDBI) invites Bids/Offers from interested parties for sale of under mentioned assets, under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 [Act] read with the Security Interest (Enforcement) Rules, 2002 [Rules] strictly on AS IS WHERE IS BASIS, AS IS WHAT IS BASIS, WHATEVER THERE IS BASIS and NO RECOURSE BASIS by Public E-Auction towards recovery of IDBI Bank s secured debts together with interest, further interest thereon, costs, charges, expenses and as per details given below. Sr. No Name of The Borrower / Co- Borrower & Loan Account No. Santosh Bhimsingh Shendge & Smt. Rekha Bhim Singh Shendge LAN No Ravi A. Gandhi and Dipesh T. Tandel Loan Acc No: & Name of / Co- Santosh Bhimsingh Shendge Ravi A. Gandhi & Dipesh T. Tandel Jai Kishan Kedia Smt. Gauriben Muljibhai Solanki Machinery Hypothecated by M/s Stanford Fastners Address: - Regional Office, Forum Building, 4th Floor, F. P. No 147 & 148, Between Canopus Shopping Mall and Citi Bank, Ghod Dod Road, Surat Pin : PUBLIC NOTICE FOR SALE OF SECURED ASSETS THROUGH MEGA E-AUCTION UNDER SARFAESI ACT 2002 Jai Kishan Kedia and Smt. Suman Kedia Loan Acc No: & Borrower: (a) M/s Stanford Fastners 1. Tarunkumar Muljibhai Guarantor 2. Jignaben Tarunkumar Gurarantor Loan A/c No : Borrower: (a) M/s Stanford Fastners. 1. Tarunkumar Muljibhai Solanki Partner & Personal Guarantor 2. Jignaben Tarunkumar Gurarantor Loan A/c No : Om Nagraj Ginning Factory LAN No DESCRIPTION OF IMMOVABLE PROPERTY Description of Property Residential Property at Plot No. 170, Nakshatra Residency, Near Essar Petrol Pump, Kadodara Bardoli road, R.S. No. 214, Block No. 256, Moje ( village )- Jolwa, Tah- Palsana, Dist- Surat,Sub District: City, District.: Surat, State- Gujarat Consisting Area of Smt or 72 Sq. yds. Shop No 323, Third Floor, Raj World, Opp. Neelkanth Residency, Palanpore Canal Road, Palanpor, Pal, Adajan Road, Surat , R.S. 64/21, F.P. No: 68, FP. NO: 92, TPS No: 8 (Palanpore) of Block No. 102, Moje (village): Palanpor, Paikee Notional Plot No. 1 & 2, Sub Registration District: Athva, District: Surat. Flat No.602, Building No.4, Vraj Bhoomi Township, Vraj Bhoomi Housing Co-operative Service Society, R. S. No.84/1,84/2, Block No.114, T P S No.19 (Parvat), Magob, Surat LOT-1: All that piece and parcel of the Residential property in the name of Smt Gauriben Muljibhai Solanki being all that piece and parcel of land comprised in land admeasuring Sq. Mtr. Bearing Surendranagar City Survey No 3761 paiki of Ward No 1 at Surendranagar, Taluka Wadhwan, Dist Surendranagar belonging to Surendranagar Dudhrej Municipality area in the State of Gujarat. LOT-2 : All that piece and parcel of the movable property being and lying at Ranasan Unit Machineries of Stanford Fastners being : 1. Cold nut former with electrical penal Qty 1 2. Nut Tapping Machine Qty Open Plots admeasuring sq. mtrs. comprised in the City Survey no.2800 paiki, Sheet No.83, Revenue No.722 p1 paiki, Plot No.176, 185, 328, 329, 337, 338, 59, 129, 177, 319 and 331 (total eleven plots) situated at Harij, under municipal area, property known as Gayatrinagar Taluka Harij, Patan 1) Date of Demand Notice 2) Date of Possession 3) Claim Amount as per Demand Notice 1) 07/11/2018 2) 11/09/2018 3) Rs.14,52, ) 07/05/2018 2) 19/07/2018 3) Rs. 80,21,935/- 1) 25/08/2014 2) 11/09/2015 3) Rs.30,46,910/- 1) ) ) Rs.45,95,368/- 1) ) ) Rs.45,95,368/- 2) ) 13,32,37,638 /- IMPORTANT DATES : Bid Increment Amount By Rs. 25,000/- Purchase of Bid Document from to 27/03/2019 Last date for submission of Bid Document Up to 4:00 PM Date & Time of Inspection :00 AM to 4:00 PM Last Date of Submission of Bid along with EMD Up to 4:00 PM Date and Time of e-auction: 28/03/2019 From 11:00 AM to 4:00 PM Unlimited extension of 5 minutes 1) Reserve Price 2) Earnest Money Deposit (EMD) (In Rs.) 1) Rs.11,52,000/- 2) Rs.1,15,200/- 1) Rs.1,29,88,800/- 2) Rs.13,00,000/- 1) Rs.27,54,000/- 2) Rs.2,75,000/- 1) Rs 20,32,000/- 2) Rs 2,03,200/- 1) Rs 12,00,000/- 2) Rs 1,20,000/- 1) 14,67,000/- 2) 1,50,000/- TERMS AND CONDITIONS OF SALE: - 1) The sale of Secured Assets is on as is where is basis, as is what is basis, whatever there is basis and no recourse basis. 2) The aforesaid properties shall not be sold below the reserve price mentioned against each property mentioned above. 3) The sale shall take place on 28th March 2019 as mentioned herein above. 4) The Earnest Money Deposit (EMD) shall not carry any interest. AO may retain EMD of top three bidders up to 3 months from the date of opening of the bids. 5) The sale will be done through e-auction platform provided at the website: Application form is available at this web portal and at any branch of the Bank. 6) Sale is strictly subject to the terms and conditions given in this advertisement and in Tender Document. The interested tenderer or his/her authorized representative should deposit the Earnest Money Deposit (EMD) for qualifying for the bid, separately for each property, by way of bank draft or pay order favouring IDBI BANK LTD. payable at Surat/Ahmedabad along with copy of self attested identity proof to the satisfaction of Bank at the above office. For detailed information on the procedure of e-auction please refer to the Bid / Tender Document and for formalities / registration to be completed before e-auction please refer to registration procedure at website Bidders may also contact Ms. Prachi Trivedi (Mob. No ) and Address: eauction@npasource.com, atishya@npasource.com for the purpose. 7) Separate bid/ tender for each property should be submitted on or before the time specified above. 8) The interested bidders shall submit their Bid along with EMD & KYC documents (PAN card / Address proof). On receipt of the EMD, the bidders shall receive user id/password on their valid id (mandatory for e-auction) from the e-auction service provider. The EMD of the unsuccessful bidders will be returned within 7 days of finalization of sale. 9) For detailed procedure, terms and conditions of the auction process, intending bidders may arrange to obtain Bid /Tender Document from Branches/Regional Office at IDBI Bank on payment of non-refundable fees of Rs.100/- (Rupees One Hundred Only) by a crossed A/c Payee Demand Draft/ Pay order drawn in favour of "IDBI Bank Ltd. A/c No and IFSC Code-IBKL for property no. 1, A/c No and IFSC Code-IBKL for property no. 2 & 3, A/c No and IFSC Code-IBKL for property no. 4 & 5 and A/c No and IFSC Code-IBKL for property no. 6 payable at Surat/Ahmedabad respectively. 10) The bid/tender document can also be downloaded from IDBI website ( and Those bidders preferring to download the Bid/Tender Document shall have to furnish the non-refundable fee of Rs. 100/- at the time of submission of the acceptance document with EMD. 11) The successful bidder will be required to deposit 25% of the sale price (less the amount of EMD deposited) immediately, on the same day or not later than next working day. The balance amount of the sale price shall be paid on or before 15 days of the confirmation of the sale or such extended period as may be agreed to by the AO (in any case not exceeding 3 months). In case of default of payment within the period as mentioned here, the deposit shall be forfeited [to the secured creditor] and the property shall be resold and defaulting purchaser shall forfeit all claim to the above mentioned properties or to any part of the sum for which it may be sold subsequently. 12) AO reserves the right to accept or reject any or all bids without assigning any reason(s). In case all the bids are rejected, the AO reserves the right to sell the assets by any of the modes as prescribed in the SARFAESI Act ) The Secured Assets mentioned hereinabove are based on the charges/mortgages created by the respective borrowers/ mortgagors in favour of IDBI Bank, the details whereof are given in the bid document. Interested parties are requested to verify the details of the above mentioned Secured Assets and inspect the records relating to the same available with AO on request. 14) The Bank does not take responsibility for any errors/omissions/discrepancy/ shortfall etc in the Secured Assets or for procuring any permissions etc or for the dues of any authority established by law. 15) The Secured Assets mentioned hereinabove are being sold free from charges and encumbrances of IDBI Bank only. 16) The successful bidder shall be required to bear all the necessary expenses like stamp duty, registration, expenses, tax liabilities, if any etc for transfer of Secured Assets. 17) For any clarification, the interested parties may contact Simit Gupta (Mob. No ) Anand Dabhi (Mob. No ) and Sankalp Goswami (Mob. No ) for property no.1, 2, & 3, Virendra Jakhmola (Mob. No ) for property no. 4 & 5 and Nitin Sharma (Mob. No ) for property no. 6. Date: , Place: Surat Authorised Officer, IDBI Bank Ltd.
5 Address: - Regional Office, Forum Building, 4th Floor, F. P. No 147 & 148, Between Canopus Shopping Mall and Citi Bank, Ghod Dod Road, Surat Pin : The Authorized Officer (AO) of IDBI Bank Ltd. (IDBI) invites Bids/Offers from interested parties for sale of under mentioned assets, under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 [Act] read with the Security Interest (Enforcement) Rules, 2002 [Rules] strictly on AS IS WHERE IS BASIS, AS IS WHAT IS BASIS, WHATEVER THERE IS BASIS and NO RECOURSE BASIS by Public E-Auction towards recovery of IDBI Bank s secured debts together with interest, further interest thereon, costs, charges, expenses and as per details given below. Sr. No Name of The Borrower / Co- Borrower & Loan Account No. M/s S. R. Enterprise (Prop. Aditya Shankar) Mahaveer Prashad Nabera M/s Parth Enterprises-Prop. Jujarsingh M/s Parth Enterprises-Prop. Jujarsingh M/s Om Nagraj Ginning Factory Om Nagraj Ginning Factory PUBLIC NOTICE FOR SALE OF SECURED ASSETS THROUGH MEGA E-AUCTION UNDER SARFAESI ACT 2002 Name of / Co- Aditya Shankar Mahaveer Prashad Nabera Jujarsingh Jujarsingh DESCRIPTION OF IMMOVABLE PROPERTY TERMS AND CONDITIONS OF SALE: - 1) The sale of Secured Assets is on as is where basis, as is what is basis, whatever there is basis and no recourse basis. 2) The aforesaid properties shall not be sold below the reserve price mentioned against each property mentioned above. 3) The sale shall take place on the expiry of 30 days from the date of publication of this notice as mentioned herein above. 4) The Earnest Money Deposit (EMD) shall not carry any interest. AO may retain EMD of top three bidders up to 3 months from the date of opening of the bids. 5) The sale will be done through e-auction platform provided at the website: Application form is available at this web portal and any branch of the Bank. 6) Sale is strictly subject to the terms and conditions given in this advertisement and in Tender Document. The interested tenderer or his/her authorized representative should deposit the Earnest Money Deposit (EMD) for qualifying for the bid, separately for each property, by way of bank draft or pay order favouring IDBI BANK LTD. payable at Surat/Ahmedabad along with copy of self attested identity proof to the satisfaction of Bank at the above office. For detailed information on the procedure of e-auction please refer to the Bid / Tender Document and for formalities / registration to be completed before e-auction please refer to registration procedure at website Bidders may also contact Ms. Prachi Trivedi (Mob. No ) and Address: eauction@npasource.com, atishya@npasource.com for the purpose. 7) Separate bid/ tender for each property should be submitted on or before the time specified above. 8) The interested bidders shall submit their Bid along with EMD & KYC documents (PAN card / Address proof). On receipt of the EMD, the bidders shall receive user id/password on their valid id (mandatory for e-auction) from the e-auction service provider. The EMD of the unsuccessful bidders will be returned within 7 days of finalization of sale. 9) For detailed procedure, terms and conditions of the auction process, intending bidders may arrange to obtain Bid /Tender Document from Branches/Regional Office at IDBI Bank on payment of non-refundable fees of Rs.100/- (Rupees One Hundred Only) by a crossed A/c Payee Demand Draft/ Pay order drawn in favour of "IDBI Bank Ltd. A/c No and IFSC Code-IBKL for property no. 1, A/c No and IFSC Code-IBKL for property no.2, A/c No and IFSC Code-IBKL for property no.3 & 4 and A/c No and IFSC Code-IBKL for property no.5 & 6" payable at Surat/Ahmedabad respectively. 10) The bid/tender document can also be downloaded from IDBI website ( and Those bidders preferring to download the Bid/Tender Document shall have to furnish the non-refundable fee of Rs. 100/- at the time of submission of the acceptance document with EMD. 11) The successful bidder will be required to deposit 25% of the sale price (less the amount of EMD deposited) immediately, on the same day or not later than next working day. The balance amount of the sale price shall be paid on or before 15 days of the confirmation of the sale or such extended period as may be agreed to by the AO (in any case not exceeding 3 months). In case of default of payment within the period as mentioned here, the deposit shall be forfeited [to the secured creditor] and the property shall be resold and defaulting purchaser shall forfeit all claim to the above mentioned properties or to any part of the sum for which it may be sold subsequently. 12) AO reserves the right to accept or reject any or all bids without assigning any reason(s). In case all the bids are rejected, the AO reserves the right to sell the assets by any of the modes as prescribed in the SARFAESI Act ) The Secured Assets mentioned hereinabove are based on the charges/mortgages created by the respective borrowers/ mortgagors in favour of IDBI Bank, the details whereof are given in the bid document. Interested parties are requested to verify the details of the above mentioned Secured Assets and inspect the records relating to the same available with AO on request. 14) The Bank does not take responsibility for any errors/omissions/discrepancy/ shortfall etc in the Secured Assets or for procuring any permissions etc or for the dues of any authority established by law. 15) The Secured Assets mentioned hereinabove are being sold free from charges and encumbrances of IDBI Bank only. 16) The successful bidder shall be required to bear all the necessary expenses like stamp duty, registration, expenses, tax liabilities, if any etc for transfer of Secured Assets. 17) For any clarification, the interested parties may contact Anand Dabhi (Mob. No ) and Sankalp Goswami (Mob. No ) for property no.1 & 2, Virendra Jakhmola (Mob. No ) for property no.3 & 4 and Nitin Sharma (Mob. No ) for property no. 5 & 6. Date: , Place: Surat Description of Property All that part and parcel of the property consisting of office no. 303, Raj World, RS No. 64/2-1, Block No. 102, TPS No. 8, FP No. 68 adm. About sq. mtrs. Situated within the village limits of Palanpore, Taluka Choryasi, District Surat, Sub district City, District Surat in the state of Gujarat owned and mortgaged by Mr. Aditya Shankar (Prop. Of firm M/s. S R Enterprise). Flat No. 402, admeasuring super built up areas of sq. Mtrs. Built up area sq. mtrs. (Including sq. mtrs. Of undivided share of staircase, terrace, common passage, etc. of common amenities) on the 4th floor of the building no. A of Silicon Avenue with proportional undivided share in the land underneath the said building constructed on the land bearing sub plot no. 2 of new block no. 145/D(Block Nos. 145/D and 146 paiki) [New Block No. 146/B] of moje : village Chalthan, Taluka, Palsana, Surat Residential Property: 1) C-301, Rudraksh, Survey No 359, T.P. No 101, admeasuring 3521 Sq. Mtrs situated at Village Nikol, Taluka/Teh. Ahmedabad. Residential Property: 2) C-401, Rudraksh, Survey No 359, T.P. No 101, admeasuring 3521 Sq. Mtrs situated at Village Nikol, Taluka/Teh. Ahmedabad Residential Property, admeasuring sq.mtrs. Paiki Eastern side land city Survey No. 863, Sheet No. 54, Chalat No. 144, situated at Harij, under municipal area, Taluka Harij, District Patan, Gujarat. Commercial Godown, admeasuring sq. mtrs. bearing Plot No.27 B and Plot No.27 C comprised in the Revenue Survey No.429 paiki, situated at Harij, outside Municipal limits, Taluka Harij, District Patan, Gujarat. 1) Date of Demand Notice 2) Date of Possession 3) Claim Amount as per Demand Notice 1. 05/05/ Rs.41,60, and further interest thereon Rs.12,20,836.75/- with further interest thereon Rs. 49,03,515/ Rs. 49,03,515/- 2) ) Rs. 13,32,37,638 /- 2) ) Rs. 13,32,37,638 /- IMPORTANT DATES : Bid Increment Amount By Rs. 25,000/- Purchase of Bid Document from to 27/03/2019 Last date for submission of Bid Document Up to 4:00 PM Date & Time of Inspection :00 AM to 4:00 PM Last Date of Submission of Bid along with EMD Up to 4:00 PM Date and Time of e-auction: 28/03/2019 From 11:00 AM to 4:00 PM unlimited extension of 5 minutes 1) Reserve Price 2) Earnest Money Deposit (EMD) (1) Rs. 13,50,000/- (2) Rs. 1,35,000/- (1) Rs.10,02,000/- (2) Rs.1,00,200/- (1) Rs /- (2) Rs. 1,05,885/- (1) Rs. 22,05,450/- (2) Rs. 1,10,273/- (1) Rs. 9,48,000/- (2) Rs. 1,50,000/- (1) Rs. 12,07,000/- (2) Rs. 1,50,000/- Authorised Officer, IDBI Bank Ltd. 27 x 16
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