E- AUCTION SALE NOTICE

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1 Ernakulam Main Branch, Union Bank Bhavan M.G. Road, Ernakulam , Phone: , FAX ID: 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 Authorized Officer, that the under mentioned properties mortgaged to Union Bank of India Consortium consisting of Member Banks /FIs, taken possession under the provision of Section 13(4) of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, will be sold by E- Auction as mentioned below for recovery of under mentioned dues and further interest, charges and costs etc, as detailed below. The property is being sold on AS IS WHERE IS WHATEVER THERE IS AND WITHOUT RECOURSE BASIS as such sale is without any kind of warranties and indemnities. The under mentioned properties will be sold by Online E- Auction through website on (Wednesday) for recovery of an amount of Rs.514,64,79, (RUPEES FIVE HUNDRED FOURTEEN CRORES SIXTY FOUR LAKHS SEVENTY NINE THOUSAND SEVEN HUNDRED SEVEN AND PAISE EIGHTY SIX ONLY) with interest from plus legal expenses and other costs till full realization of debts. 1. Name of borrowers, guarantors & Mortgagors with their addresses (1) M/s. DEWA PROJECTS PVT LTD, TC No: 25/1497, S.S. KOVIL ROAD, THAMPANOOR, THIRUVANANTHAPURAM- PIN , (3) M/S HOTEL VENUS INTERNATIONAL, REPRESENTED BY THE PROPRIETOR K. VENUGOPALAN NAIR S.S. KOVIL ROAD, THAMPANOOR, THIRUVANANTHAPURAM, PIN (5) MR.K VENUGOPALAN NAIR, CHAIRMAN AND MANAGING DIRECTOR, M/S DEWA PROJECTS PVT LTD, TC NO:25/1497, S.S. KOVIL ROAD, THAMPANOOR, THIRUVANANTHAPURAM, PIN (7) MRS.SHOBHA VENUGOPALAN NAIR, DIRECTOR, M/S DEWA PROJECTS PVT LTD, TC NO:25/1497, S.S. KOVIL ROAD, THAMPANOOR, THIRUVANANTHAPURAM,PIN (9) MRS. VIJAYAKUMARI VIJAYA VIKRAMAN NAIR, VINITHA BHAVAN,TC 10/1250, MANNARKONAM, VATTIYOORKAVU, THIRUVANANTHAPURAM, PIN (11) MR.VINIL KUMAR, VINITHA BHAVAN, TC 10/1250, MANNARKONAM, VATTIYOORKAVU, THIRUVANANTHAPURAM, PIN (2) M/S ANSU ENTERPRISES PRIVATE LTD., (FORMERLY M/S. ANSU ENTERPRISES), NO.14, SREENAGAR, MANACAUD (P.O), THIRUVANANTHAPURAM (4) MR K. VENUGOPALAN NAIR, TC 6/369, CHITHIRAM, THENGUVILAKOM VATTIYOORKAVU (P.O), THIRUVANANTHAPURAM, PIN (6) MR. RANJIT JACOB, DIRECTOR, M/S DEWA PROJECTS PVT LTD, TC NO:25/1497, S.S. KOVIL ROAD, THAMPANOOR, THIRUVANANTHAPURAM, PIN (8) MS. ANU VENUGOPALAN NAIR, DIRECTOR, M/S.DEWA PROJECTS PVT LTD, TC NO:25/1497,S.S. KOVIL ROAD,THAMPANOOR, THIRUVANANTHAPURAM, PIN (10) MR. VINOD KUMAR, VINITHA BHAVAN,TC 10/1250, MANNARKONAM,VATTIYOORKAVU, THIRUVANANTHAPURAM, PIN (12) MRS. VINEETHA, VINITHA BHAVAN, TC 10/1250, MANNARKONAM, VATTIYOORKAVU, THIRUVANANTHAPURAM, PIN

2 1. Name of borrowers, guarantors & Mortgagors with their addresses (13) MRS. SUKUMARI AMMA, (14) MRS. VASANTHAKUMARI TC 6/369, CHITHIRAM, VATTIYOORKAVU (P.O.), VASANTHA.R.NAIR, THIRUVANANTHAPURAM, TC 6/369, CHITHIRAM, VATTIYOORKAVU (P.O.), PIN THIRUVANANTHAPURAM, PIN (15) MR. RAVEENDRAN NAIR, (16) MR.N.GOPALAKRISHNAN NAIR, TC 6/369, CHITHIRAM, VATTIYOORKAVU (P.O.), NO.14 SREENAGAR, MANACAUD (P.O.), THIRUVANANTHAPURAM, PIN THIRUVANANTHAPURAM PIN Date and time of Auction On between AM To Noon with unlimited extension of 10 minutes i.e the end time of e- auction will be extended by 10 Minutes each time if bid is made within the last 10 minutes before closure of auction. 3. Earnest Money Deposit (EMD) LOT - I -PLOT B LOT-II -PLOT C3 LOT-III -PLOT C4 Rs.21,66,50,000/- Twenty One Crores Sixty Six Lakhs and Fifty Only) Thousand Rs.19,94,30,000/- Nineteen Crores Ninety Four Lakhs and Thirty Thousand Only) 4. Last date of submission of bids before 3.00 P.M. 5. Reserve Price Rs.23,60,40,000/- twenty Three Crores Sixty Lakhs and Forty Thousand Only) LOT - I -PLOT B LOT-II -PLOT C3 LOT-III -PLOT C4 Rs.216,65,00,000/- Hundred Two Sixteen Crores and Sixty Five Lakhs Only) Rs.199,43,00,000/- Hundred One Ninety Nine Crores Forty Three Lakhs Only) Rs.236,04,00,000/- Two Hundred Thirty Six Crores and Four Lakhs Only). 6. Bid Increment Amount by Rs.10,00,000/- Ten Lacs Only) 7. Debt Due to Union Bank of India Consortium consisting of Member Banks /FIs with interest and costs RS.514,64,79, (RUPEES FIVE HUNDRED FOURTEEN CRORES SIXTY FOUR LAKHS SEVENTY NINE THOUSAND SEVEN HUNDRED SEVEN AND PAISE EIGHTY SIX ONLY) with interest from plus legal expenses and other costs till full realization of debts. 8. Date & Time of inspection of property for intending purchasers 9. Details of encumbrances over the property, as known to the Bank (Tuesday), (Wednesday) & (Thursday) A.M. to P.M. NIL The refundable EMD 10% OF RESERVE PRICE shall be payable by interested bidders through NEFT/RTGS/funds transfer on or before (Wednesday) in Account No: E- AUCTION SALE A/C- Union Bank of India Consortium (IFSC Code:- UBIN ) or by DD/Pay order favouring Union Bank of India, Ernakulam Main Branch payable at Ernakulam.

3 Bidders are advised to visit the Bank s website for detailed terms and conditions of e-auction sale and other details before submitting their Bids for taking part in the e-auction. Bidder may also visit the website of Service Provider M/s E-Procurement Technologies Ltd. (ABC Procure), Ahmedabad, Contact No /811/812,For Support to 820, Cell No.-Stephen Kalpala-Mob.No , IDs : kerala@auctiontiger.net, Stephen.kalpala@auctiontiger.net, Contact Person-Madhusudhanan Nair, Mob.No , , madhusudhan@autciontiger.net The terms and conditions of sale shall be strictly as per the provisions of The Security Interest Rules (Enforcement) Rules, The interested bidder may contact the Asst. General Manager & Authorised Officer for Union Bank of India Consortium consisting of Member Banks/FIs, Mr.C V Jose, Asst. General Manager, Union Bank of India, Ernakulam Main Branch, Ground Floor, Union Bank Bhavan, M.G. Road, Ernakulam , for ascertaining the details of auction and inspection of property on the date mentioned as above Contact No (M), Tel: , , ID:-cbsernakulam@unionbankofindia.com. SCHEDULED PROPERTY LOT-I - PLOT B : Urban /Commercial/ Residential land with improvements thereon in Survey no.843 in Ernakulam Village, Kanayannur Taluk, Ernakulam district measuring 1 hectare ares (4 acres cents) covered by sale deed no. 1835/2006 of Ernakulam sub registry office in the name of K. Venugopalan Nair, Proprietor, Hotel Venus International. NORTH : GOSHREE ROAD AND BRIDGE SOUTH : CANAL EAST : ROAD FORMED BY GIDA WEST : BACK WATERS LOT-II- PLOT C3 : Urban /Commercial/ Residential land with improvements thereon in survey no.843 Ernakulam Village, Kanayannur Taluk, Ernakulam district measuring 2 hectares ares (5 acres cents) covered by sale deed no. 1833/2006 of Ernakulam Sub Registry office in the name of Mr K. Venugopalan Nair NORTH : PLOT NO. C-4 SOUTH : CANAL WEST : ROAD FORMED BYGIDA EAST : CANAL

4 LOT III- PLOT C4 : Urban /commercial/ residential land with improvements thereon in Survey no.843 Ernakulam Village, Kanayannur Taluk, Ernakulam District measuring 2 hectares ares (6 acres cents) covered by sale deed no. 1832/2006 of Ernakulam Sub Registry office in the name of Mr. K. Venugopalan Nair, proprietor, M/s Hotel Venus International NORTH : PLOT NO. C-5 SOUTH : PLOT NO C-3 WEST : ROAD FORMED BY GIDA EAST : CANAL This may also be treated as notice u/r 8(6) of Security Interest (Enforcement) Rules, 2002 to the borrower/s and guarantor/s of the above said loans about the holding of E-Auction Sale on the above mentioned date, if their outstanding dues are not repaid in full. Asst. General Manager & Authorised Officer for Union Bank of India Consortium / Member Banks/FIs Place : Ernakulam Date :

5 TERMS & CONDITIONS OF ONLINE E- AUCTION SALE 1. The Property is being sold on AS IS WHERE IS, WHATEVER THERE & WITHOUT RECOURSE BASIS. As such sale is without any kind of warranties & indemnities. 2. Particulars of the properties / assets (viz. extent & measurements specified in the E-Auction Sale Notice has been stated to the best of information of the Bank and Bank shall not be answerable for any error, misstatement or omission. Actual extant & dimensions may differ. 3. E-Auction Sale Notice issued by the Bank is an invitation to the general public to submit their bids and the same does not constitute and will not be deemed to constitute any commitment or any representation on the part of the Bank. Interested bidders are advised to peruse the copies of title deeds with the bank and to conduct own independent enquiries /due diligence about the title & present condition of the property / assets and claims / dues affecting the property before submission of bid/s. 4. Auction/bidding shall only be through online electronic mode through the website provided by the service provider M/s E-Procurement Technologies Ltd. (ABC Procure), Ahmedabad who shall arrange & coordinate the entire process of auction through the e-auction platform. 5. 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. 6. For details, help, procedure and online bidding on e-auction prospective bidders may contact the Service Provider M/s E-Procurement Technologies Ltd. (ABC Procure), Ahmedabad, Contact No /811/812,For Support to 820, Cell No.-Stephen Kalpala-Mob.No , - I.Ds- kerala@auctiontiger.net, stephen.kalpala@auctiontiger.net, Contact Person-Madhusudhanan Nair, Mob.No , , E- mail ID-madhusudhan@auctiontiger.net. 7. For participating in the e-auction sale the intending bidders should register their details with the service provider M/s E-Procurement Technologies Ltd. (ABC Procure), Ahmedabad well in advance and shall get the user id and password. Intending bidders are advised to change only the password immediately upon receiving it from the service provider. 8. 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 , E-AUCTION SALE A/c Union Bank of India Consortium, Ernakulam Main Branch through IFSC UBIN or by DD/Pay

6 order favouring Union Bank of India, Ernakulam Main Branch Ernakulam. payable at 9. The intending bidders should submit the duly filled in Bid Form (format available in the above website) along with the DD / PO / quoting the UTR No. of NEFT/RTGS remittance towards EMD in a sealed cover addressed to the Authorized Officer, Union Bank of India, Ernakulam Main Branch, Ground Floor, Union Bank Bhavan, M.G. Road, Ernakulam , latest by 3.00 P.M on The sealed cover should be super scribed with Bid for participating in E-Auction Sale in the A/c of M/s Dewa Projects Private Limited. 10. After expiry of the last date of submission of bids with EMD, Authorised Officer for Union Bank of India Consortium / Member Banks/FIs shall examine the bids received by him and confirm the details of the qualified bidders (who have quoted their bids over and above the reserve price and paid the specified EMD with the Bank) to the service provider M/s E-Procurement Technologies Ltd. (ABC Procure), Ahmedabad to enable them to allow only those bidders to participate in the online inter se bidding /auction proceedings at the date and time mentioned in E-Auction Sale Notice. 11. Interse bidding among the qualified bidders shall start from the highest bid quoted by the qualified bidders. During the process of interse bidding, there will be unlimited extension of 10 minutes each, i.e the end time of e- auction shall be automatically extended by 10 Minutes each time if bid is made within 10 minutes from the last extension. 12. 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 alone. 13. Immediately upon closure of E-Auction proceedings, the highest bidder shall confirm the final amount of bid quoted by him BY FAX both to the Authorised Officer for Union Bank of India Consortium / Member Banks/FIs, Union Bank of India, Ernakulam Main Branch and the Service Provider for getting declared as successful bidder in the E-Auction Sale proceedings. 14. The successful bidder shall deposit 25% of the bid amount (including EMD) on the same day of the sale, being knocked down in his favour and balance 75% of bid amount within 15 days from the date of sale by RTGS/NEFT/Funds Transfer to the credit of A/c No: E- AUCTION SALE A/C- Union Bank of India Consortium through IFSC Code UBIN or by DD/Pay order favouring Union Bank of India, Ernakulam Main Branch payable at Ernakulam. 15. In case of default in payment of above stipulated amounts by the successful bidder / auction purchaser within the stipulated time, the sale will be cancelled and the amount already paid (including EMD) will be forfeited and the property will be again put to sale.

7 16. At the request of the successful bidder, the Authorised Officer for Union Bank of India Consortium consisting of Member Banks/FIs in his absolute discretion may grant further time in writing, for depositing the balance of the bid amount. 17. Municipal / Panchayat Taxes, Electricity dues (if any) has to be paid by the successful bidder before issuance of the sale certificate. Bids shall be made taking into consideration of all the statutory dues pertaining to the properties. 18. Sale Certificate will be issued by the Authorised Officer for Union Bank of India Consortium consisting of Member Banks/FIs in favour of the successful bidder only upon deposit of entire purchase price / bid amount and furnishing the necessary proof in respect of payment of all taxes / charges. 19. Applicable legal charges for conveyance, stamp duty, registration charges and other incidental charges shall be borne by the auction purchaser. 20. The Authorized officer may postpone / cancel the E-Auction Sale proceedings without assigning any reason whatsoever. In case the E-Auction Sale scheduled is postponed to a later date before 30 days from the scheduled date of sale, it will be displayed on the website of the service provider. 21. The decision of the Authorised Officer for Union Bank of India Consortium consisting of Member Banks/FIs is final, binding and unquestionable. 22. All bidders who submitted the bids, shall be deemed to have read and understood the terms and conditions of the E-Auction Sale and be bound by them. Place: Ernakulam Date: Asst.General Manager & Authorised Officer for Union Bank of India Consortium / Member Banks / FIs Special Instructions / Caution: Bidding in the last minutes/seconds should be avoided by the bidders in their own interest. Neither Union Bank of India nor the Service Provider will be responsible for any lapses/failure (Internet failure, Power failure, etc) on the part of the bidder in such cases. In order to ward off such contingent situation, bidders are requested to make all the necessary arrangements / alternatives such as back-up power supply and whatever else required so that they are able to circumvent such situation and are able to participate in the auction successfully.

8 Ernakulam Main Branch, Union Bank Bhavan M.G. Road, Ernakulam , Phone: , FAX ID: ONLINE E-AUCTION BID FORM (Read carefully the detailed terms and conditions of E-Auction Sale available in the website before submitting the bid) NAME OF THE ACCOUNT M/S DEWA PROJECTS PVT LTD DETAILS OF THE PROPERTY / ASSETS LOT-I - PLOT B : Urban /Commercial/ Residential land with improvements thereon in Survey no.843 in Ernakulam Village, Kanayannur Taluk, Ernakulam district measuring 1 hectare ares (4 acres cents) covered by sale deed no. 1835/2006 of Ernakulam sub registry office in the name of K. Venugopalan Nair, Proprietor, Hotel Venus International. NORTH : GOSHREE ROAD AND BRIDGE SOUTH : CANAL EAST : ROAD FORMED BY GIDA WEST : BACK WATERS FULL NAME OF THE INTENDING BIDDER FATHER S NAME COMPLETE POSTAL ADDRESS FOR COMMUNICATION TELEPHONE NO S: ID PAN NUMBER AMOUNT OF BID QUOTED (in Rs.) DETAILS OF EMD REMITTANCE : i) Date of the DD /PO / Remittance : ii) D.D / Pay order / UTR No (if paid through RTGS/NEFT): iii) Name of the Bank & Branch: iv) A c c o un t No: v) IFS Code : BANK ACCOUNT OF THE UNSUCESSFUL BIDDER TO WHICH EMD AMOUNT TO BE RETURNED Bank A/c No: IFS Code: Bank Name & Branch: I declare that I have and understood the all the terms and conditions of E-Auction Sale available in the website, ubi.auctiontiger.net and I shall abide by them. I also undertake to improve my bid by one bid incremental value notified in the E-Auction Sale Notice dated if I am declared the sole/ successful bidder. Note: Address proof and Identity proof to be attached. Place: Date: Signature of the Bidder

9 Ernakulam Main Branch, Union Bank Bhavan M.G. Road, Ernakulam , Phone: , FAX ID: ONLINE E-AUCTION BID FORM (Read carefully the detailed terms and conditions of E-Auction Sale available in the website before submitting the bid) NAME OF THE ACCOUNT M/S DEWA PROJECTS PVT LTD DETAILS OF THE PROPERTY / ASSETS LOT-II- PLOT C3 : Urban /Commercial/ Residential land with improvements thereon in survey no.843 Ernakulam Village, Kanayannur Taluk, Ernakulam district measuring 2 hectares ares (5 acres cents) covered by sale deed no. 1833/2006 of Ernakulam Sub Registry office in the name of Mr K. Venugopalan Nair NORTH : PLOT NO. C-4 SOUTH : CANAL WEST : ROAD FORMED BYGIDA EAST : CANAL FULL NAME OF THE INTENDING BIDDER FATHER S NAME COMPLETE POSTAL ADDRESS FOR COMMUNICATION TELEPHONE NO S: ID PAN NUMBER AMOUNT OF BID QUOTED (in Rs.) DETAILS OF EMD REMITTANCE : vi) Date of the DD /PO / Remittance : vii) D.D / Pay order / UTR No (if paid through RTGS/NEFT): viii) Name of the Bank & Branch: ix) A c c o un t No: x) IFS Code : BANK ACCOUNT OF THE UNSUCESSFUL BIDDER TO WHICH EMD AMOUNT TO BE RETURNED Bank A/c No: IFS Code: Bank Name & Branch: I declare that I have and understood the all the terms and conditions of E-Auction Sale available in the website, ubi.auctiontiger.net and I shall abide by them. I also undertake to improve my bid by one bid incremental value notified in the E-Auction Sale Notice dated if I am declared the sole/ successful bidder. Note: Address proof and Identity proof to be attached. Place: Date: Signature of the Bidder

10 Ernakulam Main Branch, Union Bank Bhavan M.G. Road, Ernakulam , Phone: , FAX ID: ONLINE E-AUCTION BID FORM (Read carefully the detailed terms and conditions of E-Auction Sale available in the website before submitting the bid) NAME OF THE ACCOUNT M/S DEWA PROJECTS PVT LTD DETAILS OF THE PROPERTY / ASSETS LOT III- PLOT C4 : Urban /commercial/ residential land with improvements thereon in Survey no.843 Ernakulam Village, Kanayannur Taluk, Ernakulam District measuring 2 hectares ares (6 acres cents) covered by sale deed no. 1832/2006 of Ernakulam Sub Registry office in the name of Mr. K. Venugopalan Nair, proprietor, M/s Hotel Venus International. NORTH : PLOT NO. C-5 SOUTH : PLOT NO C-3 WEST : ROAD FORMED BY GIDA EAST : CANAL FULL NAME OF THE INTENDING BIDDER FATHER S NAME COMPLETE POSTAL ADDRESS FOR COMMUNICATION TELEPHONE NO S: ID PAN NUMBER AMOUNT OF BID QUOTED (in Rs.) DETAILS OF EMD REMITTANCE : xi) Date of the DD /PO / Remittance : xii) D.D / Pay order / UTR No (if paid through RTGS/NEFT): xiii) Name of the Bank & Branch: xiv) A c c o un t No: xv) IFS Code : BANK ACCOUNT OF THE UNSUCESSFUL BIDDER TO WHICH EMD AMOUNT TO BE RETURNED Bank A/c No: IFS Code: Bank Name & Branch: I declare that I have and understood the all the terms and conditions of E-Auction Sale available in the website, ubi.auctiontiger.net and I shall abide by them. I also undertake to improve my bid by one bid incremental value notified in the E-Auction Sale Notice dated if I am declared the sole/ successful bidder. Note: Address proof and Identity proof to be attached. Place: Date: Signature of the Bidder

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