व जय ब क (भ रत सरक र क उपक रम)

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1 व जय ब क (भ रत सरक र क उपक रम) VIJAYA BANK (A Govt. of India Undertaking) प रध न क य लय Head Office 41/2, एम ज र ड M G Road ब गल र Bangalore श ख /क य लय : CBB -स म वजग ड Branch/Office : CORPORATE BANKING BRANCH, HYDERABAD. ई-म इल vb4193@vijayabank.co.in ब Web : फ न Phone : , फ क स Fax : 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 Authorised Officer, that the under mentioned property mortgaged to Vijaya Bank taken possession under the provisions of Section 13(4) of the Securitisation 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. This is also a Notice to the Borrower/s and to the Guarantor/s of the below said loan about the holding of E-Auction Sale on the below mentioned date, if their outstanding dues are not repaid in full. NAME AND ADDRESS OF BORROWER, GUARANTOR/S & MORTGAGOR/S: 1. M/s Baba Akhila Sai Jyothi Industries Pvt. Ltd represented by its Directors Sri Veluguri Krishna Murthy & Sri Bojedla Aravind having Regd. Office at H No /106, Priya Colony, Gudimalkapur, Mehdipatnam, Hyderabad Sri Veluguri Krishna Murthy, S/o. Late Sri Viswanadham, Plot No.550/J/III, Road No.92, Adjacent to Hotel Little Italy, Near Apollo Hospital, Jubilee Hills, Hyderabad Corporate Office: # 2-52/2/24, Plot No. 24, Megha Hills Colony, Guttala Begumpet, Madhapur, Hyderabad Factory Address: Chikkabaganal Village, Kerikihalli, Koppal District, Karnataka Sri Bojedla Aravind, S/o. Sri B Seshagiri Rao, Gudimalkapur, Mehdipatnam, Hyderabad Sri Boyapati Srinivasa Rao, S/o. Sri Venkaiah, # 1209, H.No /1/5, Sai Saradhi Nagar, Yellareddyguda, Hyderabad Sri Bojedla Seshagiri Rao, S/o. Sri Venkateswara Rao, Gudimalkapur, Mehdipatnam, Hyderabad Smt. Veluguri Lakshmi Kumari, W/o. Sri V Krishna Murthy, Plot No.550/J/III, Road No.92, Adjacent to Hotel Little Italy, Near Apollo Hospital, Jubilee Hills, Hyderabad Page 1 of 5

2 7. Smt. Bojedla Lakshmi Bai, W/o. Sri Bojedla Sesha Giri Rao Gudimalkapur, Mehdipatnam, Hyderabad Smt. Boyapati Vijayavani, W/o. Sri B Srinivasa Rao, # 1209, H.No /1/5, Sai Saradhi Nagar, Yellareddyguda, Hyderabad The under mentioned property will be sold on AS IS WHERE IS AND AS IS WHAT IS BASIS through Online e-auction in website on 09/08/2017 for Recovery of an amount of Rs.37,20,82, (Rupees Thirty Seven Crores Twenty Lakhs Eighty Two Thousand Nine Hundred Sixty Three and Paisa Sixty Seven Only) as on 31/05/2017 in A/c.Nos , , , & from the Borrowers & Guarantors jointly, severally and personally along with future interest and other expenses till the date of realization with costs. Date and Time of Auction Reserve Price Earnest Money Deposit Bid increment Amount Date Inspection property intending purchasers of of for 09/08/2017 between A.M and Noon with unlimited extension of 05 minutes i.e., the end time of e-auction will be extended by 05 minutes each time if bid is made within the last 05 minutes before closure of auction. Property No.1: Rs.16,00,000/- (Rupees Sixteen Lakhs Only) Property No.2: Rs.50,00,000/- (Rupees Fifty Lakhs Only) Property No.3: Rs.24,00,000/- (Rupees Twenty Four Lakhs Only) Property No.4: Rs.27,50,000/- (Rupees Twenty Seven Lakhs Fifty Thousand Only) Property No.5 & 6: Rs.56,25,000/- (Rupees Fifty Six Lakhs Twenty Five Thousand Only) Property No.1: Rs.1,60,000/- (Rupees One Lakh Sixty Thousand Only) Property No.2: Rs.5,00,000/- (Rupees Five Lakhs Only) Property No.3: Rs.2,40,000/- (Rupees Two Lakhs Forty Thousand Only) Property No.4: Rs.2,75,000/- (Rupees Two Lakhs Seventy Five Thousand Only) Property No.5 & 6: Rs.5,62,500/- (Rupees Five Lakhs Sixty Two Thousand Five Hundred Only) Rs.50,000/- (Rupees Fifty Thousand Only) or in such multiples 15/07/2017 & 29/07/2017 SCHEDULE OF THE PROPERTIES 1. All that the part and parcel of land marked as Plot No.15 admeasuring 200 Sq. Yards or Sq. Mtrs in Sy.No.182 situated at Priyadharshini Colony, Bagh Hayathnagar, Hayathnagar Mandal, Ranga Reddy District held in the name of Sri Bojedla Sesha Giri Rao and bounded on North by Plot No.16, South by Plot No.14, East by 25 Feet Wide Road, West by Neighbours Land. 2. All that the Open Plot No.137 admeasuring Sq.Yds or Sq. Mtrs in Sy.Nos. 35 Part, 36 Part, 40 to 43 & 65 Part, situated at Palmgrove Layout, Phase I, Kompally Village, Page 2 of 5

3 Quthubullapur Mandal, Ranga Reddy District held in the name of Smt. Veluguri Lakshmi Kumari, W/o. Sri Veluguri Krishna Murthy and bounded on North by Plot No.136, South by Plot No.138, East by 40 Wide Road, West by Plot No All that the Open Plot No.X-70, admeasuring 200 Sq. Yards in Sy.Nos.329/4 & 329/5, situated at Mahadevapuram Residential Project, Phase III, Gajularamaram Village, Quthubullapur Mandal, Ranga Reddy District held in the name of Sri Boyapati Srinivasa Rao and bounded on North by Plot No.X-71, South by Plot No.X-69, East by Plot No.X-77, West by 30 Wide Road. 4. All that the Plot No. 287 in category LIG admeasuring Sq. Yards or 135 Sq. Mtrs in Sy.Nos.302 to 310, 320 to 322, 324 to 361, 363 to 365, 384, 385, 387 to 391 & 399 situated at Nalagandla HUDA Residential Complex Layout, Nalagandla Village, Serilingampally Municipality, Ranga Reddy District, held in the name of Sri.Boyapati Srinivasa Rao and bounded by North by Plot No.286 LIG, South by Plot No.288 LIG, East by 9.00 Mtrs Wide Road, West by Plot No.301 LIG. 5. All that the non agricultural land admeasuring Ac.1.30 Gts in Sy.Nos.251/A, 251/AA, 251/E, 251/EE situated at Ellandulapadu, Madhira Village & Gram Panchayath, Madhira Mandal, Khammam District, Andhra Pradesh and bounded on North by Land purchased by Sri Lakshmi Vallabha Cold Storage Pvt. Ltd from Chava Tripurambha, South by Land of Suryadevara Bharathi, East by Donka, West by Land of Suryadevara Padmavathi. 6. All that the non agricultural land admeasuring Ac.0.30 Gts in Sy.No.250/A situated at Ellandulapadu, Madhira Village & Gram Panchayath, Madhira Mandal, Khammam District, Andhra Pradesh and bounded on North by R & B Road, South b y Land purchased by Sri Lakshmi Vallabha Cold Storage Pvt. Ltd from Suryadevara Padmavathi, East by Donka, West by Land of Chava Tripurambha STATUTORY 30 DAYS SALE NOTICE UNDER SARFAESI ACT The Borrower/Guarantors are hereby notice to pay the sum mentioned above within 30 days from the date of publication of this notice failing which the Bank shall sell the property as the provision laid down in the SARFAESI ACT, 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 Ltd (Auction Tiger), Ahmadabad 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 Ltd (Auction Tiger), A-801, Wall Street II, Opp, Orient Club, Near Gujarat College, Ahmedabad, Phone No /12/10. Contact Person Mr. Ramesh (Ahmedabad) Mobile No and Mr.Bhaskar D (Hyderabad) Mobile No Id: telangana@auctiontiger.com. Page 3 of 5

4 4. Bidders are advised to go through the website for detailed terms and conditions of auction sale 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 Ltd (Auction Tiger), Ahmadabad, well in advance and get the User ID and password. Only the password may be changed on receiving it. Bidders are required to hold digital signature certificate for participating in the e-auction. 6. For participating in e-auction, intending bidders have to deposit a refundable EMD of 10% of reserve price by way of RTGS/NEFT/Funds Transfer to the credit of A/C No Vijaya Bank, Corporate Banking Branch, Hyderabad through IFSC Code VIJB or by DD/Pay Order favoring Vijaya Bank, Corporate Banking Branch payable at Hyderabad, the intending bidders should submit the quotations along with the Demand Draft towards EMD in a sealed cover by 5 P.M on or before 07/08/2017 to the Authorized Officer, Vijaya Bank, Corporate Banking Branch, Hyderabad. The sealed cover should be super scribed with Quotation for participating in E-auction sale M/s. Baba Akhila Sai Jyothi Industries Pvt. Ltd. Tender forms may be collected from the branch. 7. The Reserve Price below which the properties SHALL NOT be sold is Property No.1: Rs.16,00,000/- (Rupees Sixteen Lakhs Only), Property No.2: Rs.50,00,000/- (Rupees Fifty Lakhs Only), Property No.3: Rs.24,00,000/- (Rupees Twenty Four Lakhs Only), Property No.4: Rs.27,50,000/- (Rupees Twenty Seven Lakhs Fifty Thousand Only), Property No.5 & 6: Rs.56,25,000/- (Rupees Fifty Six Lakhs Twenty Five Thousand Only). 8. The highest bidder in the e-auction immediately on closure of auction process should submit/sent the final price quoted by him by fax/ both to the Authorised Officer, Vijaya Bank, Corporate Banking Branch, Hyderabad and service provider for getting declared as highest bidder in the auction. 9. The successful bidder should deposit 25% of the bid amount (including EMD) on the same day of the sale, being knocked down in his favor and balance 75% of bid amount within 15 days after the sale date by RTGS/NEFT/Funds Transfer to the credit of A/C No Vijaya Bank, Corporate Banking Branch through IFSC Code VIJB or by Demand Draft /Pay Order in favor of Vijaya Bank, Corporate Banking Branch payable at Hyderabad. 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 properties are being sold on AS IS WHERE IS AND AS IS WHAT IS BASIS and subject to conditions prescribed in the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, As per Sec.194 IA of the Income Tax Act, 1961, 1% will be applicable on sale proceeds, in excess of Rs.50,00, & the successful bidder/purchaser will deduct TDS & deposit the same by furnishing the Challan-cum-statement in Form No.16-B, containing the Bank s Name & Pan Number as a seller and submit the original receipt of TDS certificate to Bank. 13. To the best of knowledge and information of the Authorised Officer, there is no encumbrance on any property. However, the intending bidders should make their own independent inquiries regarding the encumbrances, title of property put on auction and claims/rights/dues/effecting the property, prior to submitting their bid. The e-auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the bank. The property is being sold with all the existing and future Page 4 of 5

5 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. 14. The purchaser shall bear the applicable stamp duties/additional stamp duty/transfer charges, fee etc., and also all the statutory/non-statutory dues, taxes, rates, assessment charges, fees etc., owing to anybody. 15. 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. 16. All bidders shall be deemed to have read and understood the terms and conditions of sale and be bound by them. 17. The Authorised Officer may postpone/cancel the e- Auction without assigning any reason thereof. 18. In case the e-auction scheduled 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. Note: The intending bidders may contact the Authorised Officer, Vijaya Bank, Corporate Banking Branch, No.6/3/652, Opp: C E Office, P W D Erramanzil, Somajiguda, Hyderabad for ascertaining the details of property and also for inspection of property on the date fixed by the Bank (Contact No , ID: vb4193@vijayabank.co.in) Place: Hyderabad. Date: 23/06/2017. Authorized Officer, Vijaya Bank, Corporate Banking Branch Page 5 of 5

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